Deere & Co. (DE) Tops Q4 EPS by 22c

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Go back to Deere & Co. (DE) Tops Q4 EPS by 22c

Deere Reports Net Income of $1.283 Billion for Fourth Quarter, $5.963 Billion for Fiscal Year

November 24, 2021 6:45 AM EST

MOLINE, Ill., Nov. 24, 2021 /PRNewswire/ --

Fourth-quarter net income rises on net sales gain of 19%, demonstrating solid execution and benefits of operating model. UAW contract agreement shows commitment to Deere's workforce. Full-year 2022 earnings forecast to be $6.5 to $7.0 billion, reflecting healthy demand.

Deere & Company (NYSE: DE) reported net income of $1.283 billion for the fourth quarter ended October 31, 2021, or $4.12 per share, compared with net income of $757 million, or $2.39 per share, for the quarter ended November 1, 2020. For fiscal year 2021, net income attributable to Deere & Company was $5.963 billion, or $18.99 per... More