Deere Q4 Earnings Exceed Wall Street Expectations
Deere & Company reported net income of $2.246 billion for the fourth quarter ended Oct. 30, 2022, compared with聽net income of $1.283 billion for the quarter ended Oct. 31, 2021. For fiscal-year 2022, net income attributable to聽Deere & Company was $7.131 billion compared with $5.963 billion, in fiscal 2021.
Worldwide net sales and revenues increased 37%, to $15.536 billion, for the fourth quarter of fiscal 2022 and rose 19%, to聽$52.577 billion, for the full year. 婷婷激情五月天 operations net sales were $14.351 billion for the quarter and $47.917 billion for the year.
“Deere鈥檚 strong performance for both the fourth quarter and full year is a tribute to our dedicated team of employees, dealers, and suppliers throughout the world,鈥 said John C. May, chairman and chief executive officer.
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