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Several analysts raised the price forecast for Deere & Company DE following the second-quarter results reported on Thursday.The company reported net sales and revenue fell 16% year-over-year to $12.76 billion, topping the consensus estimate of $10.79 billion.The company expects FY25 net income to be between $4.75 billion and $5.5 billion (prior $5 billion and $5.5 billion).Raymond James analyst Tim Thein raised the price forecast from $530 to $560 while keeping an Outperform rating.Also Read: Green Light Fo ...

Deere & Co. DE posted better-than-expected second-quarter results on Thursday.Quarterly net sales and revenue fell 16% year-over-year to $12.76 billion, topping the consensus estimate of $10.79 billion.Net sales were $11.17 billion for the quarter and $17.98 billion for the first half, down from $13.61 billion and $24.10 billion a year ago. Deere's EPS was $6.64, down from $8.23 in the prior year, beating the consensus of $5.59.John Deere Chairman and CEO John May said, "Despite the near-term market challen ...

Deere & Co. (DE) reported robust second-quarter fiscal 2025 results, beating earnings and revenue estimates. Investors are now betting the worst is over for Deere as farm markets stabilize and frictions between China and the United States over tariffs ease. Shares of Deere jumped to new record highs following the results. This has put ETFs with the largest allocation to this farm equipment giant in focus. These funds include iShares MSCI Agriculture Producers ETF (VEGI) , Global X AgTech & Food Innovation E ...

Deere & Company (DE) reported second-quarter fiscal 2025 (ended April 27) earnings of $6.64 per share, beating the Zacks Consensus Estimate of $5.68. The bottom line decreased 22% from the prior-year quarter on lower shipment volumes.Net sales of equipment operations (comprising Agriculture, and Turf, Construction and Forestry) were $11.17 billion, down 17.9% year over year. However, net sales topped the Zacks Consensus Estimate of $10.65 billion. Total net sales (including financial services and others) we ...

Deere & Company (DE) Q2 2025 Earnings Call May 15, 2025 10:00 AM ET Company Participants Josh Beal - Director of Investor RelationsJohn May - Chairman & CEOJoshua Jepsen - SVP & CFOJoshua Rohleder - Manager - Investor CommunicationsJustin Rose - President - Lifecycle Solutions, Supply Management & Customer SuccessJamie Cook - Managing Director - Equity ResearchDavid Raso - Senior Managing Director & Partner Conference Call Participants Rob Wertheimer - AnalystTim Thein - Managing Director & Research Analyst ...

Deere & Company (DE) Q2 2025 Earnings Call May 15, 2025 10:00 AM ET Speaker0 Good morning, and welcome to Deere and Company Second Quarter Earnings Conference Call. Your lines have been placed on listen only until the question and answer session of today's conference. I would now like to turn the call over to Mr. Josh Beale, Director of Investor Relations. Thank you. You may begin. Speaker1 Hello. Welcome and thank you for joining us on today's call. Joining me on the call today are John May, Chairman and C ...

Deere (DE) reported $11.17 billion in revenue for the quarter ended April 2025, representing a year-over-year decline of 17.9%. EPS of $6.64 for the same period compares to $8.53 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $10.65 billion, representing a surprise of +4.89%. The company delivered an EPS surprise of +16.90%, with the consensus EPS estimate being $5.68.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Deere (DE) came out with quarterly earnings of $6.64 per share, beating the Zacks Consensus Estimate of $5.68 per share. This compares to earnings of $8.53 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 16.90%. A quarter ago, it was expected that this agricultural equipment manufacturer would post earnings of $3.13 per share when it actually produced earnings of $3.19, delivering a surprise of 1.92%. Over the last four quart ...

2Q 2025 Earnings Call Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management's current beliefs, expectations and assumptions regarding the future of the Company's business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, changes in circumstances, and othe ...