Deere (NYSE: DE) is scheduled to reveal its financial results for the third quarter on Thursday 15th August 2024. This disclosure will take place before market open, providing investors with significant information regarding the company’s performance in the last three months period.
In accordance with the forecasts of financial specialists on Wall Street, the company is primed to announce an anticipated $5.69 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $10.93 billion for this particular period.
Financial experts on Wall Street have shared their predictions regarding the company’s annual performance, estimating a total revenue of $46.06 billion. Additionally, they are expecting the company to report profit of $25.18 per share for the full year 2024.
The per-share income of $10.2 was highlighted in the company’s earnings report for the same quarter of the prior year. This notable figure was achieved due to the company’s impressive total revenue of $15.80 billion recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q2 2024 | $8.53 | -11.6% | 15.24 B | -12.4% |
| Q1 2024 | $6.23 | -4.9% | 12.19 B | -3.7% |
| Q4 2023 | $8.26 | +11.0% | 15.41 B | -0.8% |
| Q3 2023 | $10.20 | +65.6% | 15.80 B | +12.0% |
*Growth on year-over-year basis
The previous trading day saw Deere (DE) shares trading between $348.35 and $355.77, besides a volume of 1.81 million shares. The stock closed Wednesday’s regular trading session at $351.28, indicating 0.20 percent gain.
