Deere Q4 2024 Earnings Report
Key Takeaways
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 proactively adjusted business operations to align with current market environment.
FY2025 earnings are projected to range from $5.0 to $5.5 billion.
The company remains committed to investments that enhance customer productivity and profitability.
Net sales and revenues decreased 28% for the fourth quarter of fiscal year 2024.
Deere
Deere
Deere Revenue by Segment
Forward Guidance
Net income attributable to Deere & Company for fiscal 2025 is forecasted to be in a range of $5.0 billion to $5.5 billion.
Revenue & Expenses
Visualization of income flow from segment revenue to net income