# Deere & Company (DE) — Q3-2023 Earnings Results

**Report date:** 2023-08-18 (before market open)  
**Sector:** Industrials / Agricultural & Farm Machinery  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/DE/earnings/Q3-2023

## Post-Earnings Brief

### Headline

Deere & Co Beats on EPS — Stock Reaction Not Available

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $10.20 | N/A | +25.25% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Overall, management expressed a cautious optimism about future demand despite ongoing supply chain issues. They are focused on improving operational efficiency and innovation.

**Key quotes:**

> Management highlighted strong demand in key markets.

> They noted ongoing challenges in supply chain but remain focused on efficiency.

> The team emphasized commitment to innovation and sustainability.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

This earnings report shows that Deere & Co exceeded expectations on EPS, indicating strong profitability. However, the lack of revenue data and guidance leaves some uncertainty about future performance. Investors will be watching closely for any updates on market conditions and supply chain improvements.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/DE/earnings/Q3-2023_