Deere 3Q net profit rises; construction offsets farm-equipment weakness

1. 1Deere (DE) posts 3Q net profit of $1.379 billion, up year-over-year for the first time in roughly three years
2. 2Construction & forestry revenue up 18% and operating profit up 84% offset weakness in large farm equipment; EPS of $5.10
3. 3Raises FY net-profit guidance floor to $4.75 billion; reiterates 2026 as the cycle bottom

Source The Wall Street Journal +2 · View original ↗

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