secwatch.observer — SEC 8-K summary ====================================== Issuer: DEERE & CO (DE) CIK: 0000315189 Form: 8-K Filed at: 2024-08-15T23:59:59+00:00 Accession: 0001558370-24-012287 Event type: earnings Sentiment: negative Materiality: 0.80 Item codes: 2.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Deere Q3 net income $1.734B ($6.29 EPS) down 42% YoY; revenue falls 17% ----------------------------------------------------------------------- - Net income $1.734B, diluted EPS $6.29 vs $10.20 last year; revenue $13.152B, down 17%. - Production & Precision Ag sales $5.099B (-25%), operating profit $1.162B (-35%). - Construction & Forestry sales $3.235B (-13%), operating profit $448M (-37%). - Full-year fiscal 2024 net income forecast unchanged at ~$7.0B. - Industry outlook: US/Canada large ag down ~15%, construction equipment down 5-10%. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/315189/000155837024012287/0001558370-24-012287-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/315189/000155837024012287/de-20240815x8k.htm HTML page: https://secwatch.observer/filing/0001558370-24-012287 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer