Deere & Co.

NYSE:DE   3:59:57 PM EDT
299.66
-0.99 (-0.33%)
Other Pre-Announcement

Deere Reports Second Quarter Net Income Of $2.098 Billion

Published: 05/20/2022 13:36 GMT
Deere & Co. (DE) - Deere Reports Second Quarter Net Income of $2.098 Billion.
Q2 Sales Rose 11 Percent to $13.37 Billion.
Qtrly Fully Diluted EPS $ 6.81.
Full-year Earnings Forecast Increased to $7.0 to $7.4 Billion, Including Special Items.
Net Income Attributable to Co for Fiscal 2022 is Forecast to Be in a Range of $7.0 Billion to $7.4 Billion.
Qtrly Small Agriculture & Turf Net Sales $3,570 Million Versus $3,390 Million.
Qtrly Production and Precision Agriculture Net Sales $5,117 Million Versus $4,529 Million.
Qtrly Construction & Forestry Net Sales $3,347 Million Versus $3,079 Million.
Sees Fiscal 2022 Small Ag & Turf Net Sales Up About 15%.
Sees Fiscal 2022 Construction & Forestry Net Sales Up 10 to 15%.
Sees Fiscal 2022 Production & Precision Ag Net Sales Up 25 to 30%.
Q2 Earnings per Share View $6.71, Revenue View $13.20 Billion -- Refinitiv Ibes Data (analyst estimates).