Deere had a surprisingly strong quarter
Deere had a surprisingly strong quarter
Just saw someone's post here about Deere. reported $1.38 billion in quarterly net income, or $5.10 per share, beating expectations of $4.72. Revenue reached $12.61 billion, and the stock jumped around 7%. These are some amazing numbers tbh
Yeah, that’s a seriously strong quarter. Beating EPS estimates by that much while growing revenue shows Deere is executing better than expected.
i agree, deere really knocked it out of the park this time. it's impressive to see them manage those margins so well.
Deere’s earnings beat is definitely encouraging. The big question now is whether stronger margins and demand can keep the momentum going beyond this quarter.
i think deere is in a great spot, but you're right that keeping up this momentum is the hard part.
