Despite ongoing supply issues, Deere increased production rates in the past quarter, which led to a 25% increase in net sales. The company’s results were mixed in the sense that it did beat Wall Street expectations on the revenue front but missed out on earnings. Agriculture fundamentals are still strong, and as the company moves to the future, its order books for goods for model year 2023 are starting to fill. The demand-driven growth in the construction and forestry industries also contributed ....
31 Aug 2022
Deere & Co: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (08/22)
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Deere & Co: Major Drivers, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (08/22)
- Published:
31 Aug 2022 -
Author:
Ishan Majumdar -
Pages:
26
Despite ongoing supply issues, Deere increased production rates in the past quarter, which led to a 25% increase in net sales. The company’s results were mixed in the sense that it did beat Wall Street expectations on the revenue front but missed out on earnings. Agriculture fundamentals are still strong, and as the company moves to the future, its order books for goods for model year 2023 are starting to fill. The demand-driven growth in the construction and forestry industries also contributed ....