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Deere narrows profit outlook, sees farm recovery in 2027

Construction and small-tractor demand offset weak large-farm machinery sales as Deere reported a 6% revenue increase and a $110 million tariff refund.

Summary by Transport Topics
Deere estimated net income for the fiscal year between $4.75 billion and $5 billion, compared with its previous outlook for $4.5 billion to $5 billion.

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Bias Distribution

  • 83% of the sources are Center
83% Center

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PR Newswire broke the news in Chicago, United States on Thursday, August 20, 2026.
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