Deere Earnings Reports

Deere & Company reported a significant decline in revenue and net income due to lower shipment volumes across all segments. Despite this, the company remains focused on optimizing inventory and maintaining profitability in a challenging market.

Deere & Company reported a decrease in net income for the fourth quarter, with net income at $1.245 billion, or $4.55 per share, compared to $2.369 billion, or $8.26 per share, for the same quarter last year. Worldwide net sales and revenues decreased 28 percent to $11.143 billion.

Deere & Company reported a net income of $1.734 billion for the third quarter, with a worldwide net sales and revenues decrease of 17 percent to $13.152 billion.

Deere & Company reported a net income of $2.370 billion for the second quarter, with worldwide net sales and revenues decreasing by 12% to $15.235 billion. The company is proactively managing production and inventory levels to adapt to demand changes.

Deere & Company reported a net income of $1.751 billion for the first quarter ended January 28, 2024, a decrease from $1.959 billion in the same quarter last year. Worldwide net sales and revenues also decreased by 4 percent to $12.185 billion. The company forecasts full-year net income to be between $7.50 billion and $7.75 billion.

Deere & Company reported a net income of $2.369 billion for the fourth quarter ended October 29, 2023, or $8.26 per share. Worldwide net sales and revenues decreased 1 percent, to $15.412 billion, for the fourth quarter of fiscal 2023.

Deere & Company reported strong third-quarter results with net income of $2.978 billion, driven by favorable market conditions and an improved operating environment.

Deere & Company reported net income of $2.860 billion for the second quarter ended April 30, 2023, or $9.65 per share, compared with net income of $2.098 billion, or $6.81 per share, for the quarter ended May 1, 2022. Worldwide net sales and revenues increased 30 percent, to $17.387 billion, for the second quarter of 2023.

Deere & Company reported a strong first quarter with net income reaching $1.959 billion, a significant increase from the previous year. Worldwide net sales and revenues also saw a substantial rise, driven by positive market fundamentals and robust demand for equipment.

Deere & Company reported a strong fourth quarter with net income of $2.246 billion, or $7.44 per share. Worldwide net sales and revenues increased 37% to $15.536 billion. The company's performance was driven by favorable industry fundamentals and strong demand for farm and construction equipment. For fiscal year 2022, net income attributable to Deere & Company was $7.131 billion, or $23.28 per share.

Deere & Company reported strong third-quarter results with net income reaching $1.884 billion, or $6.16 per share, compared to $1.667 billion, or $5.32 per share, in the same quarter last year. Net sales increased by 25% and full-year earnings outlook revised to $7.0 - $7.2 billion.

Deere & Company reported a 17% increase in net income for the second quarter, reaching $2.098 billion, or $6.81 per share, compared to $1.790 billion, or $5.68 per share, in the same quarter last year. Net sales rose by 9%, and full-year earnings forecast increased to $7.0 to $7.4 billion, inclusive of special items.

Deere & Company reported a net income of $903 million for the first quarter ended January 30, 2022, which translates to $2.92 per share. Worldwide net sales and revenues increased by 5% to $9.569 billion. The company has increased its full-year earnings guidance to a range of $6.7 to $7.1 billion.

Deere & Company reported a strong fourth-quarter performance with net income of $1.283 billion, or $4.12 per share, compared to $757 million, or $2.39 per share, for the quarter ended November 1, 2020. Worldwide net sales and revenues increased 16 percent to $11.327 billion.

Deere & Company reported a significant increase in net income for the third quarter, reaching $1.667 billion, or $5.32 per share, compared to $811 million, or $2.57 per share, in the same quarter of the previous year. Worldwide net sales and revenues also saw a substantial rise, increasing by 29 percent to $11.527 billion. The company has raised its full-year earnings forecast to a range of $5.7 billion to $5.9 billion, reflecting robust market conditions.

Deere & Company reported a net income of $1.790 billion for the second quarter ended May 2, 2021, a significant increase compared to the previous year. Worldwide net sales and revenues increased by 30 percent, reaching $12.058 billion. The company has raised its full-year earnings forecast to a range of $5.3 billion to $5.7 billion.

Deere & Company reported a strong start to 2021, with net income reaching $1.224 billion for the first quarter, a significant increase from $517 million in the same period last year. This performance was supported by a 19% increase in worldwide net sales and revenues, totaling $9.112 billion.

Deere & Company reported net income of $757 million for the fourth quarter ended November 1, 2020, or $2.39 per share. Worldwide net sales and revenues decreased 2 percent, to $9.731 billion, for the fourth quarter of 2020.

Deere & Company reported a net income of $811 million for the third quarter ended August 2, 2020, with worldwide net sales and revenues decreasing by 11 percent to $8.925 billion.

Deere & Company reported a decrease in net income for the second quarter of 2020, totaling $665.8 million, or $2.11 per share, compared to $1.135 billion, or $3.52 per share, for the same quarter in 2019. Worldwide net sales and revenues also decreased by 18 percent to $9.253 billion.

Deere & Company reported a 4% increase in net income to $517 million for the first quarter, despite a 4% decrease in worldwide net sales and revenues to $7.631 billion. The U.S. farm sector showed early signs of stabilization, while the construction sector slowed. Full-year earnings forecast remains unchanged.