Deere reports Q3 EPS $4.75, consensus $4.59

Reports Q3 revenue $12.02B, consensus $10.33B. “By proactively managing inventory, we’ve matched production to retail demand, enabling our company and dealers to respond swiftly to market shifts and customer needs,” said John May, chairman and CEO of John Deere (DE). “By continuing to address the high levels of used equipment in the industry, we’re building a healthier market for everyone-our customers, our dealers, and our business-even in these challenging times.”