Deere & Company (DE) Q1 2020 Results - Earnings Call Transcript

Feb. 21, 2020 7:09 PM ETDeere & Company (DE)
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Deere & Company (NYSE:DE) Q1 2020 Earnings Conference Call February 20, 2020 10:00 AM ET

Company Participants

Josh Jepsen - Director, IR

Ryan Campbell - CFO

Brent Norwood - Manager, Investor Communications

Conference Call Participants

Jerry Revich - Goldman Sachs

Joe O'Dea - Vertical Research Partners

Steven Volkmann - Jefferies

Tim Thein - Citigroup

Jamie Cook - Credit Suisse

Ashish Gupta - Stephens, Inc.

Andy Casey - Wells Fargo Securities

David Raso - Evercore ISI

Mig Dobre - Robert W. Baird

Chad Dillard - Deutsche Bank

Ann Duignan - JPMorgan

Joel Tiss - BMO

Courtney Yakavonis - Morgan Stanley

Ross Gilardi - Bank of America Merrill Lynch


Good morning. And welcome to Deere & Company First Quarter Earnings Conference Call. Your lines have been placed on listen-only until the question-and-answer session of today's conference.

I would now like to turn the call over to Mr. Josh Jepsen, Director of Investor Relations. Thank you. You may begin.

Josh Jepsen

Hello, good morning. Also on the call today are Ryan Campbell, our Chief Financial Officer; and Brent Norwood, Manager of Investor Communications.

Today, we’ll take a closer look at Deere’s first quarter earnings, then spend some time talking about our markets and current outlook for fiscal 2020. After that, we’ll respond to your questions. Please note that slides are available to complement the call this morning and can be accessed at our website at

First, a reminder, this call is being broadcast live on the Internet and recorded for future transmission and use by Deere & Company. Any other use, recording or transmission of any portion of this copyrighted broadcast without the expressed written consent of Deere is strictly prohibited. Participants in the call, including the Q&A session, agree that their likeness and remarks in all media may be stored and used as part of the earnings call.

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