Key Performance Highlights of Deere & Company (DE) in Q2 2024

Thursday, 16 May 2024, 12:25

Deere & Company (NYSE: DE) reported a 12% year-over-year decrease in total net sales and revenues, amounting to $15.2 billion in the second quarter of 2024. The net income stood at $2.37 billion, with earnings per share of $8.53. Looking ahead, the projected net income for fiscal year 2024 is estimated to be around $7 billion.
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Key Performance Highlights of Deere & Company (DE) in Q2 2024

Infographic: How Deere & Company (DE) performed in Q2 2024

Deere & Company (NYSE: DE) reported second quarter 2024 earnings results today.

Details:

  • Total net sales and revenues decreased 12% year-over-year to $15.2 billion.
  • Net income was $2.37 billion, or $8.53 per share, compared to $2.86 billion, or $9.65 per share, last year.
  • For fiscal year 2024, net income attributable to Deere & Company is projected to be approx. $7 billion.

Prior performance: The post Infographic: How Deere & Company (DE) performed in Q2 2024 first appeared on AlphaStreet.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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