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Barchart
Sohini Mondal

Deere & Company's Quarterly Earnings Preview: What You Need to Know

With a market cap of $124 billion, Deere & Company (DE) is the world's largest producer of agricultural equipment, known for its iconic John Deere brand with its green and yellow color scheme. Focused on revolutionizing agriculture through technology, it operates across four segments: Production and Precision Agriculture; Small Agriculture and Turf; Construction and Forestry; and Financial Services. The Moline, Illinois-based company is expected to release its fiscal Q1 2025 earnings results on Thursday, Feb. 20.

Ahead of this event, analysts project the agricultural equipment manufacturer to report a profit of $3.11 per share, reflecting a decrease of 50.1% from $6.23 per share in the year-ago quarter. However, the company holds a record of surpassing Wall Street's bottom-line estimates in the last four quarterly reports. In the most recent quarter, DE exceeded the consensus EPS estimate by a margin of nearly 17%.

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