Form 8-K DEERE & CO For: Nov 22

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Go back to Form 8-K DEERE & CO For: Nov 22

Deere & Co. (DE) sinks 6% following results; pressures peers Caterpillar, CNH

November 22, 2023 6:30 AM EST

Deere & Co. (NYSE: DE) is down 6% after its net income guidance for fiscal 2024 missed:

Net income attributable to Deere & Company for fiscal 2024 is forecasted to be in a range of $7.75 billion to $8.25 billion. This compares to the consensus of $9.32... More

Deere & Co. (DE) Tops Q4 EPS by 78c, Beats on Revenue; Guides FY24 Below Consensus

November 22, 2023 6:09 AM EST

Deere & Co. (NYSE: DE) reported Q4 EPS of $8.26, $0.78 better than the analyst estimate of $7.48. Revenue for the quarter came in at $15.41 billion versus the consensus estimate of $13.64 billion.

The company sees 2024 net income between $7.75 billion and $8.25 billion, compared with analysts expectations of $9.33... More