earnings
confidence high
sentiment negative
materiality 0.80
Deere Q3 net income falls 26%; FY guidance narrowed to $4.75-$5.25B
DEERE & CO
2025-Q3 EPS reported
$14.57
revenue$33,290,000,000
- Net income $1.289B ($4.75 EPS) vs $1.734B ($6.29) year ago, down 26%; revenue $12.018B down 9%.
- FY 2025 net income guidance narrowed to $4.75B-$5.25B; management cites cautious customers and used equipment overhang.
- Production & Precision Ag sales $4.273B (-16% YoY); operating profit $580M (-50%); margin 13.6% vs 22.8%.
- Construction & Forestry sales $3.059B (-5%); op profit $237M (-47%); margin 7.7% vs 13.8%; tariffs cited as headwind.
- Financial Services net income $205M (+34%) on lower provision for credit losses and prior year special items.
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