$DE (+0,55%) | Deere Q4 Earnings Highlights:
š¹ EPS: $4.55 (Est. $3.87) š¢
š¹ Net Sales: Ā„11.14B (Est. Ā„9.33B) š¢; DOWN -28% YoY
FY25 Guidance:
š¹ Net Income: Ā„5.0B-Ā„5.5B (Est. Ā„5.83B) š
š¹ Production & Precision Agriculture: Sales expected to decline ~15%
š¹ Construction & Forestry: Sales expected to decline 10-15%
Q4 SEGMENT:
Production & Precision Agriculture:
š¹ Net Sales: Ā„4.31B (Est. Ā„4.37B) š“; DOWN -38% YoY
š¹ Operating Margin: 15.3% (DOWN from 26.4% YoY)
Construction & Forestry:
š¹ Net Sales: Ā„2.66B (Est. Ā„2.67B) š”; DOWN -29% YoY
š¹ Operating Margin: 12.3% (DOWN from 13.8% YoY)
CEO Commentary:
šø "Amid market challenges, structural improvements and operational adjustments enabled us to deliver strong results and support customer productivity."