secwatch.observer — SEC 8-K summary
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Issuer:     DEERE & CO (DE)
CIK:        0000315189
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001558370-23-019292
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Deere Q4 net income $2.369B ($8.26 EPS); FY23 net $10.166B; FY24 guidance $7.75-8.25B
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- Q4 net income $2.369B ($8.26 diluted EPS) vs $2.246B ($7.44) year ago; revenue $15.412B, down 1%.
- FY23 net income $10.166B ($34.63 EPS) up 43% vs $7.131B ($23.28) prior year; revenue $61.251B, up 16%.
- FY24 net income forecast $7.75-8.25B; production & precision ag net sales expected down 15-20%.
- Production & precision ag Q4 operating profit $1.836B (26.4% margin); construction & forestry operating profit $516M (13.8%).
- Equipment segment outlook: US large ag down 10-15%; construction equipment down 5-10% in US/Canada.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315189/000155837023019292/0001558370-23-019292-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315189/000155837023019292/de-20231122x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-019292

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