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Deere and Co  (DE)
 

Surge in Revenues and EPS in the third quarter of 2022 earnings season

DE reports bewildering year on year May to July 31 2022 span advance


Published Sep 02 2022
CSIMarket Team / CSIMarket.com


Messe_2012_by-RaBoe_127_Ra_Boe_Wikipedia__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsIn the third quarter of 2022 earnings season outstanding revenue advance surpassed bewildering eps advance, where Revenues jumped by 22.339 % to $14.10 billions, income increased by 15.79 % at $6.16 per share, from the comparable reporting season a year before.

Eps fell the from the preceding reporting season by -9.54 % from $6.81 per share, Revenues increased by 5.475 % from $13.37 billions.


Net profits of $1,885.000 millions in the third quarter of 2022 earnings season increased by 13.08 % from net earnings of $1,667.000 millions reported in the third quarter of 2022 earnings season a year ago. Deere And Co shifted it's focus on improving sales in the third quarter of 2022 earnings season, as a result net margin eased to 13.37%.
Operating earnings, however, rose 15.93% to $3151 millions.

Deere And Co is expected to report next financial results on May 25, 2023.



Deere And Co's Asset Turnover

Deere And Co's ROA



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