Deere (NYSE:DE) reported its Q2 earnings results on Friday, May 20, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Deere beat estimated earnings by 1.49%, reporting an EPS of $6.81 versus an estimate of $6.71.
Revenue was up $1.31 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.66 which was followed by a 3.0% drop in the share price the next day.
Here's a look at Deere's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.26 | 3.90 | 4.57 | 4.52 |
| EPS Actual | 2.92 | 4.12 | 5.25 | 5.68 |
| Revenue Estimate | 8.19B | 10.44B | 10.30B | 10.44B |
| Revenue Actual | 9.57B | 11.33B | 11.53B | 12.06B |
To track all earnings releases for Deere visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
