Deere (NYSE:DE) reported its Q1 earnings results on Friday, February 18, 2022 at 06:07 AM.
Here's what investors need to know about the announcement.
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Earnings
Deere beat estimated earnings by 29.2%, reporting an EPS of $2.92 versus an estimate of $2.26.
Revenue was up $1.52 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.22, which was followed by a 5.32% increase in the share price the next day.
Here's a look at Deere's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.90 | 4.57 | 4.52 | 2.16 |
| EPS Actual | 4.12 | 5.25 | 5.68 | 3.87 |
| Revenue Estimate | 10.44B | 10.30B | 10.44B | 7.21B |
| Revenue Actual | 11.33B | 11.53B | 12.06B | 8.05B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
