06:29 AM EST, 11/21/2024 (MT Newswires) -- Deere (DE) reported fiscal Q4 earnings Wednesday of $4.55 per diluted share, down from $8.26 a year earlier.

Analysts polled by FactSet expected $3.87.

Net sales for the quarter ended Oct. 27 was $11.14 billion, down from $15.41 billion a year earlier.

Analysts surveyed by FactSet expected $9.20 billion.

The company said it expects fiscal 2025 net income attributable to Deere & Company ( DE ) of $5.0 billion to $5.5 billion. Analysts polled by FactSet expect $5.83 billion.

The company's shares were up more than 2% in recent Thursday premarket activity.

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