DE experienced high-single-digit YoY inflation in raw materials and other cost-of-sales inputs, but more than offset these increases with ~10% price YoY increases.
New FY2022 GAAP EPS guidance is $22.95-23.60 (based on 305M diluted shares), down about $0.25 from the guidance three months ago at both the lower and higher bounds of the guidance range, but still up sharply from the guidance $20.70-22.30 nine months ago.
DE’s FY2022 GAAP guidance includes a $220M ($0.71/sh) non-recurring gain in FY2Q22; without thise non-recurring item, FY2022 EPS guidance would be $22.24-22.89. At the current share price (~$364), the above EPS range represents a FY2022 P/E ratio of 15.9-16.4.
News 
Market Data 
Discover 
