# Deere & Company (DE) — Q3-2022 Earnings Results

**Report date:** 2022-08-19 (before market open)  
**Sector:** Industrials / Agricultural & Farm Machinery  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/DE/earnings/Q3-2022

## Post-Earnings Brief

### Headline

Deere & Co Misses on EPS — Stock Down N/A%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $6.16 | N/A | -7.26% |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management expressed cautious optimism about future demand while acknowledging current operational challenges. They are focused on improving efficiency to navigate these issues.

**Key quotes:**

> Management highlighted ongoing challenges in supply chain and labor.

> They emphasized a focus on maintaining operational efficiency.

> Future demand in agriculture remains strong despite current headwinds.

### Guidance Changes

No forward guidance was provided during this earnings call.

### What It Means

This earnings report indicates that Deere & Co faced some challenges in meeting earnings expectations, which may affect investor sentiment. The lack of revenue data and guidance leaves uncertainty about future performance. The stock reaction is currently not available, which may reflect market caution in light of the earnings miss.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/DE/earnings/Q3-2022_