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Deere (DE) raises full-year net income outlook after Q3 beat

GuruFocus.com +6 ·

DE Deere & Co
$682.20 -0.70%
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  1. 1Deere (DE) posted a Q3 Production & Precision Agriculture operating margin of 14.4%, exceeding expectations.
  2. 2Revenue rose 5% to $12.608 billion, and the full-year net income guidance was lifted to $4.75–$5.00 billion.
  3. 3Construction & Forestry sales grew 18%, and early-order trends suggested a potential bottom for the agricultural-equipment cycle.

Source GuruFocus.com +6 · View original ↗

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