06:35 AM EDT, 08/14/2025 (MT Newswires) -- Deere (DE) reported fiscal Q3 earnings Thursday of $4.75 per diluted share, down from $6.29 a year earlier.

Analysts polled by FactSet expected $4.71.

Net sales for the quarter ended July 27 were $10.36 billion, down from $11.39 billion a year earlier.

Analysts surveyed by FactSet expected $10.35 billion.

For fiscal 2025, the company now projects net income at $4.75 billion to $5.25 billion. In May, it projected full-year net income between $4.75 billion and $5.50 billion. Analysts polled by FactSet expect $5.03 billion.

Deere shares were down 6.9% in recent premarket activity.