DE Earnings Prediction
The chart below shows how DE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DE sees a -1.32% change in stock price 10 days leading up to the earnings, and a +0.32% change 10 days following the report. On the earnings day itself, the stock moves by +0.71%. This data can give you a slight idea of what to expect for the next quarter's release.
DE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
11.14B
-27.69%
-15.27%
Gross Margin
41.04%
5.69%
1.76%
Operating Margin
21.69%
-13.27%
-10.70%
Net Margin
11.15%
-27.41%
-15.27%
EPS
4.55
-44.92%
-27.66%
No Data Available
DE Earnings Analysis
Deere & Company Corporation (DE.N) Earnings Conference Call
Positive
Strong Q4 Equipment Margins: John Deere finished the year with a better-than-expected fourth quarter that included 13.1% margins for equipment operations.
Operating Margins Performance: Fully-year operating margins came in at 18.2%, reflecting solid proactive execution throughout our organization amid challenging and rapidly changing market environment.
Operating Cash Flow Strength: Our ability to generate just over $6.9 billion in operating cash flow from equipment operations at shipment volumes below mid-cycle levels is indicative of the structural improvements we have made, enabling continued reinvestment in the business and significant cash return to shareholders.
Ag Equipment Demand Outlook: Looking ahead to 2025, we expect continued contraction of ag markets globally to result in ag and turf equipment demand at or below trough levels.
Dairy and Livestock Profitability: The dairy and livestock segment continues another year of strong profitability as elevated protein and hay prices are further enhanced by low input feed costs.
Negative
Sales Decline Analysis: Net sales and revenues were down 16% to $51.7 billion, while net sales for equipment operations were down 19% to $44.8 billion.
Net Income Decline: Net income attributable to Deere and Company was $7.1 billion, or $25.62 per diluted share, which reflects a decrease compared to previous periods.
Decline in Net Sales: Fourth quarter results showed net sales and revenues were down 28% to $11.1 billion, while net sales for the equipment operations were down 33% to $9.3 billion.
Net Income Decline: Net income attributable to Deere and Company decreased to $1.2 billion, or $4.55 per diluted share, indicating a significant decline from prior results.
Net Sales Decline: Net sales of $4.305 billion were down 38% compared to the fourth quarter last year, primarily due to lower shipment volumes.
DE FAQs
How does DE typically perform around its earnings report dates?
Is Deere & Company (DE) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
DE Earning Call Sentiment
Deere & Company (DE) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
DE.N
1.12%Positive
Deere's financial performance shows significant declines in net sales and revenues across all segments. Despite a strong shareholder return plan, the Q&A highlights continued volume declines, high decrementals, and management's inability to provide clear guidance on tariffs and future margins. The optimistic guidance on pricing and cost reductions is overshadowed by the substantial year-over-year sales drops and margin declines, leading to a negative outlook.