Deere earnings rise as sales increase 37% in 4Q

By: Jennifer DeWitt|November 23, 2022

|3 min read

Moline-based Deere & Co. announced sales rose 37% in the fourth quarter as the equipment maker overcame supply chain constraints and increased production and shipping of its products.

In the company’s earnings released today, Nov. 23, Deere reported net income of $2.246 billion for the fourth quarter, ended Oct. 30, or $7.44 per share. The results are up 75% from a year ago…

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Deere earnings rise as sales increase 37% in 4Q

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