The Rising Influence of Rising Affluence

[DewDiligence]

DE posts solid FQ4Q21* results—guides_to_higher_profit_in_FY2022*

FY2022* GAAP EPS guidance is $20.70-22.30 (based on 314M diluted shares), up 8-17% vs actual $18.99 in FY2021.

All this in spite of the headwind from the recently settled labor strike that cut production during Oct and Nov.

PR:
https://www.deere.com/en/our-company/news-and-announcements/news-releases/2021/corporate/fourth-quarter-earnings/

CC slides:
https://s22.q4cdn.com/253594569/files/doc_financials/2021/q3/4Q_2021_Earnings-Call-Presentation.pdf

*DE’s fiscal year ends on October 31.