Deere & Company Q1 Earnings Call Highlights
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5 Articles
John Deere's profit decreased by 25% in the first quarter of 2026, while revenue and revenue increased by 13%.
Deere & Company Q1 Earnings Call Highlights
Deere & Company (NYSE:DE) reported first-quarter results that management said came in ahead of its internal forecast, supported by stronger-than-planned shipment volumes and improving order activity across several product lines. Equipment operations posted a 5.9% operating margin for the quarter, with the company highlighting the benefits of its diversified portfolio across end markets and geographies. […]
The agricultural machinery manufacturer John Deere obtained a net profit attributed to 656 million dollars (557.3 million euros) during its first fiscal quarter, ended on February 1, representing 24.5% less than the recorded twelve months ago.
Deere CEO says there’s optimism despite drop in income
(Radio Iowa) – Deere & Company, Iowa’s largest manufacturing employer, reports its first quarter income was down, but there’s optimism for the year ahead. Deere reports net income was 656 million in the first quarter compared with to 869 million dollars in the first quarter last year. Worldwide net sales and revenues increased 13 percent compared to the same quarter last year. Deere C-E-O John May says in a statement that the global large agricu…
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