John Deere-Deere (DE) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Deere reported $6.81 billion in revenue for the quarter ended January 2025, reflecting a year-over-year decline of 35.1% and an EPS of$ 3.19 compared to $6.23 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of$ 7.7 billion by 11.51%, while the EPS exceeded the consensus estimate of $3.13 by 1.92% [1] Revenue Breakdown - Equipment Operations net sales were$ 6.81 billion, below the estimated $7.83 billion, marking a 35.1% decline year-over-year [4] - Small ag & turf net sales reached$ 1.75 billion, compared to the estimated $2.02 billion, representing a 27.9% decrease year-over-year [4] - Production & precision ag net sales totaled$ 3.07 billion, falling short of the estimated $3.54 billion, with a year-over-year decline of 36.8% [4] - Financial services revenues were$ 1.47 billion, exceeding the estimated $1.33 billion, showing a year-over-year increase of 6.8% [4] - Other revenues amounted to$ 229 million, below the estimated $316.07 million, reflecting a 29.1% decline year-over-year [4] Performance Metrics - Shares of Deere have returned +11.1% over the past month, outperforming the Zacks S&P 500 composite's +3.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]