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

AGCO AGCO Corp

$116.19 +1.38%

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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

Source Bloomberg · View original ↗

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