Deere Beats Fiscal Q3 EPS as Sales Fall
Deere Company (NYSE:DE), a leading manufacturer of agricultural, construction, and forestry equipment, reported results for fiscal Q3 2025 (ended July 27, 2025) on August 14, 2025. The company reported better-than-expected GAAP earnings per share (EPS) of $4.75, topping consensus GAAP estimates of $4.58. However, net sales fell to $10.4 billion, down 9% from the prior year. Total revenue was $12.0 billion, also reflecting a 9% decline. The period was marked by significant year-over-year decreases in profit and sales, especially in larger equipment lines, despite modestly exceeding low expectations. Leadership narrowed its full-year guidance and signaled ongoing challenges, including rising tariffs and economic uncertainty. Overall, the results highlight resilience in critical areas, but also substantial pressures from market and regulatory factors.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in fiscal Q2 2025 earnings report.
Deere Company is an American manufacturer specializing in a wide range of equipment for agriculture, construction, and forestry. Its core business revolves around producing tractors, harvesters, loaders, and related machinery, as well as providing digital solutions and financial services to its customers around the world.
Source Fool.com
