earnings
confidence medium
sentiment positive
materiality 0.80
Deere H1 FY2023 net sales $27.5B (+34% YoY), operating profit $6.1B (+84% YoY)
DEERE & CO
2023-Q2 EPS reported
$16.18
revenue$30,038,000,000
- Net sales for six months ended Apr 30, 2023: $27.48B vs $20.57B in prior year period.
- Operating profit $6.14B (22.3% of sales) vs $3.33B (16.2%) YoY.
- Production & Precision Ag segment: net sales $13.02B (+54% YoY), operating profit $3.38B.
- Financial Services segment net income $212M vs $439M YoY, down 52%.
- Construction & Forestry net sales $7.31B (+24% YoY), operating profit $1.46B.