Deere & Company's Q2 Report: Strong Revenue, Cautious Outlook
DEJohn Deere(DE) marketbeat.com·2024-05-17 21:30

Key Points Deere & 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 & Company Dee ...