Sees FY25 Production and Precision Ag operating margin 17%-18%. Sees FY25 Small Ag and Turf net sales down 10%, operating margin 13%-14%. Sees FY25 Construction Forestry net sales down 29%. Sees FY25 Financial Services net income $750M. Sees FY25 effective tax rate 23%-25%, net operating cash flow $4.5B-$5.5B, R&D expenses down slightly, CapEx $1.6B. Comments taken from Q4earnings conference callpresentation slides.
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Read More on DE:
- Deere reports Q4 EPS $4.55, consensus $3.93
- Deere sees FY25 net income $5B-$5.5B
- Notable companies reporting before tomorrow’s open
- DE Earnings this Week: How Will it Perform?
- Deere (NYSE:DE) Pre-Earnings: Analysts Expect Significant Declines in Q4
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
