Deere & Co. Q1 EPS Miss Estimates, But Revenues Top; Backs FY25 Net Income Outlook

rttnews
2025.02.13 11:27
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Deere & Co. reported Q1 earnings with a net income of $869 million ($3.19 per share), missing estimates of $3.25 per share. Revenues fell 30% to $8.51 billion, down from $12.19 billion a year ago. Despite the decline, the company maintained its FY25 net income guidance at $5.0 billion to $5.5 billion.