Deere (NYSE: DE) reported earnings on Feb. 15. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 31 (Q1), Deere missed estimates on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share improved.

Margins dropped across the board.

Revenue details
Deere reported revenue of $6.12 billion. The 13 analysts polled by S&P Capital IQ expected sales of $6.50 billion on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $6.12 billion.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.30. The 17 earnings estimates compiled by S&P Capital IQ predicted $1.26 per share. GAAP EPS of $1.30 for Q1 were 8.3% higher than the prior-year quarter's $1.20 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 29.5%, 30 basis points worse than the prior-year quarter. Operating margin was 11.8%, 40 basis points worse than the prior-year quarter. Net margin was 7.9%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $9.69 billion. On the bottom line, the average EPS estimate is $2.53.

Next year's average estimate for revenue is $34.01 billion. The average EPS estimate is $8.01.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,692 members rating the stock outperform, and 119 members rating it underperform. Among 729 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 707 give Deere a green thumbs-up, and 22 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Deere is outperform, with an average price target of $91.67.