Deere: Q3 Earnings Insights

 

Deere DE reported its Q3 earnings results on Friday, August 19, 2022 at 06:15 AM.

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

Earnings

Deere missed estimated earnings by 7.92%, reporting an EPS of $6.16 versus an estimate of $6.69.

Revenue was up $2.58 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 14.07% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 6.71 2.26 3.90 4.57
EPS Actual 6.81 2.92 4.12 5.25
Revenue Estimate 13.20B 8.19B 10.44B 10.30B
Revenue Actual 13.37B 9.57B 11.33B 11.53B

To track all earnings releases for Deere visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings