Deere

Deere (NYSE:DE) reported revenue of $12.652 billion in Q1 2023, compared with $9.569 billion in the previous month and $11.28 billion expected, exceeding market expectations by 12.16%; Earnings per share were $6.55 vs $2.92 prior, and $5.56 expected, beating market expectations by 17.81%.

February 17, 2023 — Deere (NYSE:DE) Deere & Company reported net income of $1.959 billion for the first quarter ended January 29, 2023, or $6.55 per share. In Q1 2023, the financial report achieved revenue of 12.652 billion US dollars, the previous value was 9.569 billion US dollars, and the expected value was 11.28 billion US dollars, exceeding market expectations by 12.16%; Earnings per share were $6.55 vs $2.92 prior, and $5.56 expected, beating market expectations by 17.81%. Worldwide net sales and revenues increased 32 percent, to $12.652 billion, in the most recent quarter. Net sales were $11.402 billion for the quarter, compared with $8.531 billion in 2022. Net income attributable to Deere & Company for fiscal 2023 is forecast to be in a range of $8.75 billion to $9.25 billion. DEERE & COMPANY STATEMENTS OF CONSOLIDATED INCOME About DEERE & COMPANY Deere & Company (www.JohnDeere.com) is a global leader in the