Deere (DE) Q1 Earnings Top Estimates, FY24 Guidance Lowered
DEJohn Deere(DE) Zacks Investment Research·2024-02-16 01:21

Deere & Company (DE) has reported first-quarter fiscal 2024 (ended Jan 28, 2024) earnings of 6.23pershare,beatingtheZacksConsensusEstimateof6.23 per share, beating the Zacks Consensus Estimate of 5.19. The bottom line fell 5 % from the prior-year quarter on lower shipment volumes. Net sales of equipment operations (comprising Agriculture and Turf, Construction, and Forestry) were 10.5billion,down710.5 billion, down 7 % from the prior-year quarter. Revenues beat the Zacks Consensus Estimate of 10.4 billion. Total net sales (including financial services and others) we ...