Replies to post #448 on Deere and Co (DE)

[DewDiligence]

DE FY2Q24 CC slides:

https://s22.q4cdn.com/253594569/files/doc_financials/2024/q2/DE-2Q24-Earnings-Call-Slides-Presentation.pdf

[DewDiligence]

At the current share price (~$399 as I’m typing), the FY2024 EPS guidance of $25.18 equates to a FY2024 P/E ratio of ~15.8x.

[DewDiligence]

DE FY2Q24 CC transcript:

https://finance.yahoo.com/news/q2-2024-deere-co-earnings-062101616.html

[DewDiligence]

Correction—DE’s layoff does not change the company’s financial guidance for FY2024:

https://www.sec.gov/ix?doc=/Archives/edgar/data/0000315189/000155837024008911/de-20240531x8k.htm

A prior post, which inadvertently omitted the word, “not,” has been deleted.