ETFs in Focus as Deere Beats on Q4 Earnings
John Deere(DE) ZACKS·2024-11-23 01:06
Deere & Co (DE) reported robust fourth-quarter fiscal 2024 results, beating earnings and revenue estimates. However, the world’s largest agricultural equipment maker under the iconic John Deere brand has given a downbeat outlook for fiscal 2025, reflecting some challenges ahead. But this has been unable to offset positive sentiments. Shares of Deere gained 8% at the close following the results. This has put ETFs with the largest allocation to this farm equipment giant in focus. These funds include iShare ...