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

The Wall Street Journal +1 ·

DE Deere & Co
$580.63 -1.37%
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  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

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

The Wall Street Journal +1 View original ↗
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