Deere: Q2 Earnings Insights

Deere 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.

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.

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.

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