Deere & Company's Q2 Report: Strong Revenue, Cautious Outlook
John Deere(DE) marketbeat.com·2024-05-17 21:30
Key PointsDeere & Company's Q2 earnings beat analysts' expectations, driven by strong revenue but offset by a lowered full-year profit forecast.The agricultural sector faces multiple headwinds, including lower commodity prices, rising input costs, and declining farm income, creating a cautious outlook for the industry.Deere & Company remains committed to its long-term growth strategy, focusing on technology, innovation, sustainability, and diversification.5 stocks we like better than Deere & CompanyDeere & ...