The Deere & Firm (NYSE: DE), a number one producer of agricultural and development tools, reported a decline in income and earnings for the third quarter of 2025.
Worldwide web gross sales and revenues decreased 9% year-over-year to $12.01 billion within the third quarter. Gross sales declined throughout all working segments.
Web earnings was $1.29 billion or $4.75 per share within the July quarter, in comparison with $1.73 billion or $6.29 per share within the corresponding quarter final 12 months. The administration expects web earnings for fiscal 2025 to be within the vary of $4.75 billion to $5.25 billion.
“We stay dedicated to delivering options that deal with our clients’ present wants whereas additionally laying the groundwork for future progress. For instance, the growing utilization and confirmed in-field effectiveness of superior applied sciences—corresponding to See & Spray and Harvest Settings Automation—are empowering clients to enhance their productiveness and higher navigate business challenges,” stated John Could, CEO of John Deere.
