Recap: Deere Q1 Earnings

 

Deere DE reported its Q1 earnings results on Friday, February 18, 2022 at 06:07 AM.

Here's what investors need to know about the announcement.

Also check this out: U.S. Xpress Enterprises And 4 Other Penny Stocks Bought By Insiders.

Earnings

Deere beat estimated earnings by 29.2%, reporting an EPS of $2.92 versus an estimate of $2.26.

Revenue was up $1.52 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22, which was followed by a 5.32% increase in the share price the next day.

Here's a look at Deere's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 3.90 4.57 4.52 2.16
EPS Actual 4.12 5.25 5.68 3.87
Revenue Estimate 10.44B 10.30B 10.44B 7.21B
Revenue Actual 11.33B 11.53B 12.06B 8.05B

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...