$DE (+0 %) | Deere Q4 Earnings Highlights:
🔹 EPS: $4.55 (Est. $3.87) 🟢
🔹 Net Sales: ¥11.14B (Est. ¥9.33B) 🟢; DOWN -28% YoY
FY25 Guidance:
🔹 Net Income: ¥5.0B-¥5.5B (Est. ¥5.83B) 😕
🔹 Production & Precision Agriculture: Sales expected to decline ~15%
🔹 Construction & Forestry: Sales expected to decline 10-15%
Q4 SEGMENT:
Production & Precision Agriculture:
🔹 Net Sales: ¥4.31B (Est. ¥4.37B) 🔴; DOWN -38% YoY
🔹 Operating Margin: 15.3% (DOWN from 26.4% YoY)
Construction & Forestry:
🔹 Net Sales: ¥2.66B (Est. ¥2.67B) 🟡; DOWN -29% YoY
🔹 Operating Margin: 12.3% (DOWN from 13.8% YoY)
CEO Commentary:
🔸 "Amid market challenges, structural improvements and operational adjustments enabled us to deliver strong results and support customer productivity."