Deere Q3 2024 GAAP EPS $6.29 Beats $5.85 Estimate, Sales $13.152B Beat $10.944B Estimate
Portfolio Pulse from Benzinga Newsdesk
Deere (NYSE:DE) reported Q3 2024 earnings per share (EPS) of $6.29, beating the analyst estimate of $5.85. Sales were $13.152 billion, surpassing the $10.944 billion estimate. However, both EPS and sales decreased compared to the same period last year.
August 15, 2024 | 10:13 am
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Deere's Q3 2024 earnings per share (EPS) of $6.29 beat the analyst estimate of $5.85, and sales of $13.152 billion surpassed the $10.944 billion estimate. However, both EPS and sales decreased compared to the same period last year.
Deere's earnings and sales beat analyst estimates, which is generally positive for the stock price. However, the year-over-year decrease in both EPS and sales may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100