From Financial Modeling Prep: 2025-05-15 20:40:00

Deere & Company exceeded Q2 earnings and revenue forecasts but lowered its full-year profit outlook due to weakening demand in the agricultural equipment sector. Despite a 3% share price increase, shipment volumes dropped in key segments, with Production & Precision Agriculture sales down 21% YoY. The company maintains strong operating margins through cost control measures.

Q2 earnings per share for Deere & Company came in at $6.64, surpassing the $5.56 analyst estimate. Revenue for the quarter reached $12.76 billion, beating expectations of $10.98 billion. Despite the positive results, the company experienced a decline in shipment volumes across various segments, highlighting ongoing market challenges.

Deere & Company adjusted its full-year net income forecast to a range of $4.75 billion to $5.50 billion, lowering the lower end from the previous $5.0–$5.5 billion range. The revision reflects continued market pressures impacting the company’s core agricultural equipment business. Operating margins remain strong as Deere focuses on cost management strategies.



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