DE · News · 20261013N
Net Income and Profitability
DEERE & CO · 2026-10-13 · Importance 42 · Surprise 14 · No source text
Deere’s fiscal third-quarter net income rose 7.0% year over year to $1.38 billion. Quarterly earnings were reported at $5.10 per share, exceeding analyst estimates. Net income growth outpaced the 4.9% reported revenue increase, implying improved earnings conversion during the quarter. The third-party reports did not provide gross-margin or operating-margin figures or identify specific margin drivers.
Key facts
- Fragasso Financial Advisors Inc. increased its stake in Deere & Company by 160.3% in the third quarter, bringing its total holdings to 2,731 shares worth approximately $1.7 million. source
- Deere's fiscal third-quarter net income rose 7.00% to USD 1.38 billion. source
- Deere & Company is scheduled to report its next earnings on November 25, 2026. source
- Deere & Co. stock had gained 35.88 percent year-to-date through October 12, 2026. source
- Deere had 68.58% institutional ownership as reported. source
- Deere recently reported quarterly earnings of $5.10 per share. source
- Deere & Co. stock was trading at a price-to-earnings ratio of 35.46. source
- Deere & Company's stock was reported priced at EUR 569.30. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | +0.7% | Deere's fiscal third-quarter net income rose 7.00% to USD 1.38 billion. |