Should You Run With Deere After Big Beat-and-Raise Quarter?

Should You Run With Deere After Big Beat-and-Raise Quarter?

Quick Read Deere (DE) beat Q1 expectations with equipment sales of $8B, up 17.5%. Deere raised full-year net income guidance to $4.5B-$5B. Deere’s large agriculture profit fell 59%. Small Agriculture & Turf profit rose 58% and Construction & Forestry profit more than doubled. Deere stock trades at 32x trailing earnings versus a five-year average of 19x as management sees 2026 as the cycle bottom. You can earn up to $1,500 in cash bonuses jus…

US Stocks: Deere lifts full-year profit forecast as construction, sales rebound; shares soar 8%

Farm-machinery maker Deere & Co raised its annual profit forecast and beat first-quarter results estimates on Thursday citing cost-cutting initiatives to protect margins and recovery in its construction and small agriculture units.

Deere lifts full-year profit forecast on construction, sales recovery

Farm equipment maker cites rebound in its construction and small agriculture businesses, sending shares up