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.
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Posted In: BZI-RecapsEarnings