HomeEnglishBusinessJohn Deere (DE) Q3 2025 earnings

John Deere (DE) Q3 2025 earnings

John Dere logo is displayed on February 11, 2025 as a 5105 meter utility tractor at the Dere & Company Booth at the International Agri-Senter in California.

Patrick t. Fallen | AFP | Getty images

John dere Warning that the tariff cost for agricultural machinery company can reach a total of $ 600 million for the financial year 2025 years.

The company on Thursday released its fiscal third quarter-earning reports, beating on the top and bottom lines, but the net income and sales decline significantly from year to year.

The stock drowned about 7% in the afternoon trading.

The company said the operational benefits for the quarter were mainly reduced due to high tariffs and its production costs.

John Beel, director of the Investor Relations of Dera, said on an earning call with analysts on Thursday that the company took a significant hit in the third quarter due to the tariff.

“The tariff cost was approximately $ 200 million in the quarter, which brings us up to about 300 million dollars in tariff expenditure based on tariff rates,” Bil said. “Our forecast for the pre-tax impact of tariffs in FY 2025 has now been adjusted up to $ 600 million.”

Here’s how the company performed in fiscal third quarters compared to Wall Street, based on a survey of analysts by LSEG:

  • earnings per share: $ 4.75 per share vs $ 4.63 expected
  • Income: $ 10.36 billion vs $ 10.31 billion

For the quarter ended July 24, the Dera reported a net income of $ 1.29 billion, which was 26% below $ 1.73 billion before the year. The company’s total net sales were 9% hit in a period of $ 13.15 billion in a period of $ 12.02 billion.

Dere trim the high end of his net income approach to $ 4.75 billion to $ 4.75 billion to $ 4.75 billion from $ 4.75 billion to $ 4.75 billion to $ 4.75 billion to $ 5.25 billion for the financial year.

CEO John May said in the report, “We are committed to distributing solutions that meet the current needs of our customers while doing ground work for future development.” “Positive results we are capable of strengthening our confidence in the future of Deere despite the uncertainty of the proximity.”

OpenHaheimmer Christon Owen lets her read on the camp-kamai

OpenHaimer analyst Christon Owen said that the company is taking a “properly optimistic approach” in view of the comprehensive economic environment.

“In fact, a lot of uncertainty is one that looks like ’26,” Owen said on CNBC, “Money movers“” The demand for 2026 now sees that we are in this environment, where the commodities backdrop is not as favorable as about six months ago, and you have a lot of business uncertainty? ,

Dere also said that the company is watching green shooting in Europe and South America.

Kori Reid, president of Dere’s Worldwide Agriculture and Turf Division, said the company believes that there are good things to come out of economic conflicts.

Reid said, “We feel that what we see in business deals is positive tailwinds from both, and we think that we see positive tailwinds than what we see in tax policy.”

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