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DE narrows full-year net profit outlook with raised lower bound

Bloomberg ·

AGCO
AGCO AGCO Corp
$99.52 +1.09%
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  1. 1DE (Deere & Company) has narrowed its fiscal-year net profit forecast range
  2. 2Net profit guidance was set at $4.75–5.0 billion, with the lower bound raised from the previous $4.5 billion
  3. 3CEO John May called 2026 the trough of the current farm-equipment cycle, citing order trends, used inventory, and technology adoption

This 3-line summary is compiled from the report below.

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