Categories AlphaGraphs, Earnings, Industrials
Infographic: Highlights of Deere & Company’s (DE) Q3 2024 earnings report
Deere & Company (NYSE: DE), a leading manufacturer of agricultural and construction equipment, reported a sharp fall in revenue and profit for the third quarter of 2024.
Total net sales and revenues decreased 17% year-over-year to $13.2 billion in the July quarter, with revenue declining in all operating segments except Financial Services.
Net income was $1.73 billion or $6.29 per share in the third quarter, compared to $2.98 billion or $10.20 per share in the comparable quarter a year earlier. For fiscal year 2024, net income attributable to Deere & Company is projected to be approx. $7 billion.
“John Deere’s third-quarter results showcase our disciplined execution in the face of challenging conditions in the global agricultural and construction sectors,” said CEO John May.
Prior Performance
Will the Airline Industry Evolve or Die After the Black Swan-ish Disruption?
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