Deere & Company Q4 2025 Earnings Beat Expectations Amid Market Challenges - Revenue $11.14B, Net Income $1.25B
Deere & Company surpassed fiscal 2025 Q4 earnings forecasts despite facing persistent challenges in agriculture and construction sectors, signaling resilience amid a tough market environment.
Key Highlights
- Deere & Company exceeded Wall Street estimates for fiscal 2024 Q4 results despite ongoing industry headwinds.
- Quarterly revenue declined 28% year-over-year to $11.14 billion, while net income fell 47% to $1.25 billion.
- Fiscal 2025 net income guidance is projected between $5.0 billion and $5.5 billion, down from $7.1 billion in fiscal 2024.
Deere & Company, a leader in agricultural and construction equipment manufacturing, reported stronger-than-expected financial results for the fourth quarter of fiscal 2024. The company posted revenue of $11.14 billion, marking a 28% decrease compared to the same period last year, and net income dropped 47% to $1.25 billion.
Despite these declines, Deere outperformed consensus analyst forecasts, which anticipated $10.68 billion in revenue and $1.05 billion in net income, according to Visible Alpha data.
CEO Highlights Market Challenges and Strategic Adjustments
CEO John May acknowledged significant market challenges impacting the company's sectors this year. He emphasized that Deere has proactively adapted its business operations to better align with current economic conditions and ongoing headwinds in agriculture and construction markets.
Looking ahead, Deere projects fiscal 2025 net income between $5.0 billion and $5.5 billion, a decrease from the $7.1 billion earned in fiscal 2024. Analysts currently estimate net income around $5.89 billion.
Following the earnings release, Deere's stock experienced a 6% increase in trading, improving from a modest 1% gain earlier in the year.
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