Deere (DE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Deere (DE) give a sense of how the business performed in the quarter ended July 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Deere (DE) reported $11 billion in revenue for the quarter ended July 2026, representing a year-over-year increase of 6.2%. EPS of $5.10 for the same period compares to $4.75 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $10.81 billion, representing a surprise of +1.77%. The company delivered an EPS surprise of +6.47%, with the consensus EPS estimate being $4.79.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Deere performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales and Revenues- Equipment Operations- Net sales: $11 billion versus the three-analyst average estimate of $10.91 billion. The reported number represents a year-over-year change of +6.2%.
- Net Sales and Revenues- Agriculture and Turf (Production & precision ag net sales + Small ag & turf net sales): $7.38 billion versus the three-analyst average estimate of $7.33 billion. The reported number represents a year-over-year change of +1.1%.
- Net Sales and Revenues- Construction & forestry net sales: $3.62 billion versus the three-analyst average estimate of $3.58 billion. The reported number represents a year-over-year change of +18.3%.
- Net Sales and Revenues- Small ag & turf net sales: $3.38 billion compared to the $3.4 billion average estimate based on three analysts. The reported number represents a change of +11.8% year over year.
- Net Sales and Revenues- Production & precision ag net sales: $4 billion compared to the $3.94 billion average estimate based on three analysts. The reported number represents a change of -6.4% year over year.
- Net Sales and Revenues- Financial services- Finance and Interest Income: $1.38 billion versus the two-analyst average estimate of $1.32 billion. The reported number represents a year-over-year change of -3.5%.
- Net Sales and Revenues- Financial services revenues: $1.37 billion compared to the $1.37 billion average estimate based on two analysts. The reported number represents a change of -3.3% year over year.
- Net Sales and Revenues- Other revenues: $238 million versus the two-analyst average estimate of $248.58 million. The reported number represents a year-over-year change of -2.1%.
- Net Sales and Revenues- Net sales: $11 billion compared to the $10.88 billion average estimate based on two analysts. The reported number represents a change of +6.2% year over year.
- Operating profit- Agriculture and turf (Production & precision ag + Small ag & turf): $1.15 billion versus $986.33 million estimated by three analysts on average.
- Operating profit- Construction & forestry: $436 million versus $423.94 million estimated by three analysts on average.
- Operating profit- Equipment Operations (Production & precision ag + Small ag & turf + Construction & forestry): $1.59 billion compared to the $1.41 billion average estimate based on three analysts.
View all Key Company Metrics for Deere here>>>
Shares of Deere have returned -4.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).