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Several analysts raised the price forecast for Deere & Company DE following the second-quarter results reported on Thursday.
Deere & Co. DE posted better-than-expected second-quarter results on Thursday.
Deere jumps to record highs following strong results, putting Deere-focused ETFs in the limelight.
Deere CFO and senior vice president Josh Jepsen opens up about the company's growth on 'The Claman Countdown.' #economy #markets #investing #foxbusiness #business
DE expects net income for fiscal 2025 between $4.75 billion and $5.50 billion.
Deere & Company (NYSE:DE ) Q2 2025 Results Conference Call May 15, 2025 10:00 AM ET Company Participants Josh Beal - Director of Investor Relations John May - Chairman & Chief Executive Officer Josh Jepsen - Chief Financial Officer Josh Rohleder - Manager, Investor Communications Conference Call Participants Rob Wertheimer - Melius Research Tim Thein - Raymond James Jamie Cook - Truist Securities David Raso - Evercore ISI Jerry Revich - Goldman Sachs Chad Dillard - Bernstein Kristen Owen - Oppenheimer Stephen Volkmann - Jefferies Operator Good morning, and welcome to Deere & Company's Second Quarter Earnings Conference Call. Your lines have been placed on listen-only until the question and answer session of today's conference.
U.S. equities were mixed at midday, with the Dow Jones Industrial Average and S&P 500 slightly higher and the Nasdaq marginally lower.
Aside from last weekend's suspended reciprocal tariffs between the U.S. and China, and Tuesday's Consumer Price Index (CPI), this morning brings us the biggest bang for the buck in terms of grist for the economic mill. Just like every Thursday morning, this includes Weekly Jobless Claims.
The headline numbers for Deere (DE) give insight into how the company performed in the quarter ended April 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Deere (DE) came out with quarterly earnings of $6.64 per share, beating the Zacks Consensus Estimate of $5.68 per share. This compares to earnings of $8.53 per share a year ago.