Deere First Quarter 2025 Earnings: Misses Expectations

Deere (NYSE:DE) First Quarter 2025 Results

Key Financial Results

• Revenue: US$8.51b (down 30% from 1Q 2024).
• Net income: US$869.0m (down 50% from 1Q 2024).
• Profit margin: 10% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue.
• EPS: US$3.20 (down from US$6.26 in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Deere Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 1.8%.

Looking ahead, revenue is expected to decline by 3.7% p.a. on average during the next 3 years, while revenues in the Machinery industry in the US are expected to grow by 3.5%.

Performance of the American Machinery industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Deere.

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