06:44 AM EDT, 05/15/2025 (MT Newswires) -- Deere & Company ( DE ) reported fiscal Q2 earnings Thursday of $6.64 per diluted share, down from $8.53 a year earlier.

Analysts polled by FactSet expected $5.56.

Revenue for the quarter ended April 27 was $12.76 billion compared with $15.24 billion a year earlier.

The company trimmed its fiscal 2025 net income guidance to be between $4.75 billion and $5.5 billion from a prior forecast of $5 billion to $5.5 billion. Analysts surveyed by FactSet expect $5 billion.

Shares of the company rose 2.9% in recent premarket activity.