Deere & Co. (DE) Tops Q2 EPS by 10c

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Go back to Deere & Co. (DE) Tops Q2 EPS by 10c

Deere Reports Second Quarter Net Income of $2.098 Billion

May 20, 2022 6:45 AM EDT

Quarterly earnings rise 17% on increase in net sales of 9%.Market conditions and industry fundamentals support continuation of robust environment.Full-year earnings forecast increased to $7.0 to $7.4 billion, including special items.

MOLINE, Ill., May 20, 2022 /PRNewswire/ -- Deere & Company (NYSE: DE) reported net income of $2.098 billion for the second quarter ended May 1, 2022, or $6.81 per share, compared with net income of $1.790 billion, or $5.68 per share, for the quarter ended May 2, 2021. For the first six months of... More