Deere Reports Q3 Earnings
Deere & Company has released its financial results for the third quarter of 2025, revealing a decline in net income and sales compared to the previous year. The company reported a net income of $1.289 billion for the third quarter of 2025, equating to $4.75 per share. This figure marks a significant drop from the $1.734 billion, or $6.29 per share, reported in the same quarter of 2024. The company’s worldwide net sales and revenues decreased by 9% to $12.018 billion, with net sales specifically at $10.357 billion. These results fell short of the market expectations set at an EPS of $4.62 and revenue of $10.25 billion.
The decline in sales and income can be attributed to several factors, including lower shipment volumes and unfavorable price realization in the Production & Precision Agriculture segment, which saw a 16% decrease in net sales.
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