Deere stock fell after earnings despite a double beat as weakness in agriculture offset strong AI-driven construction demand tied to data center growth
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The headline looked promising. Deere (NYSE: DE) posted Q2 fiscal 2026 diluted EPS of $6.55, beating consensus estimates of $5.70 to $5.81, on revenue of $13.37 billion, up 5.0% year over year. Management held full-year net income guidance at $4.5 billion to $5.0 billion. And yet shares fell almost 8% intraday, and closed trading at ... Deere’s Construction Boom Masks Deepening Farm Equipment Slump
DE held its 2026 net income guide as tariffs stayed a drag, while Construction & Forestry strength and leaner ag inventories shape 2027 hopes.
Deere (NYSE:DE) has been hit with a new class-action lawsuit alleging restrictive right to repair practices on its equipment. The suit, brought by Christy Webber & Co., claims Deere's repair policies have raised costs and extended repair times for customers. This case follows a prior settlement on similar issues and raises fresh legal questions around Deere's aftermarket repair model. For investors tracking Deere at a share price of $531.35, this legal turn adds another layer to the story...
Deere & Co (DE) reports a 5% increase in net sales, driven by robust performance in Small Ag and Turf and Construction and Forestry segments, despite headwinds in Production and Precision Ag.
Agricultural and construction machinery company Deere (NYSE:DE) will be announcing earnings results this Thursday before market open. Here’s what to look for.
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.20%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
Joining me on the call today are Brent Norwood, Chief Financial Officer; and Chris Seibert, Manager, Investor Communications. Today, we'll take a closer look at Deere second quarter earnings, then spend some time talking about our markets and our current outlook for fiscal 2026. First, a reminder, this call is broadcast live on the Internet and recorded for future transmission and use by Deere & Company.
Farm machinery demand stayed weak as Deere posted $1.77 billion in quarterly net income and maintained full-year guidance.
Moby summary of Deere & Company's Q2 2026 earnings call
Deere & Company (NYSE:DE) reported higher second-quarter sales and maintained its full-year profit outlook, as strength in construction equipment and Small Ag & Turf helped offset continued weakness in large agriculture markets. On the company’s earnings call, Director of Investor Relations Chris S
Deere's (DE) fiscal second-quarter results exceeded Wall Street's expectations, and the company on T
Deere & Company (NYSE:DE, XETRA:DCO) reported quarterly results that came in ahead of Wall Street expectations for both sales and profit, even as weakness in agricultural equipment demand continued to weigh on its core farm machinery business. For the fiscal second quarter ended May 3,...
DE beats Q2 earnings and sales estimates as Small Ag & Turf, and Construction & Forestry drive revenue growth despite weaker ag demand.
Deere posted better-than-expected quarterly sales and profit, but left its profit outlook for the year unchanged as demand for its farm machinery remained weak. Sales of large farm equipment sank 14% during the quarter that ended May 3. Low crop prices and higher costs for fertilizer, fuel and other production expenses are holding down farmers’ incomes—and sales of new tractors, crop harvesters and other machinery.
Although the revenue and EPS for Deere (DE) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
The equipment maker posted $13.37 billion in revenue, topping expectations, while maintaining its full-year profit forecast of $4.5 billion to $5 billion
Deere (DE) delivered earnings and revenue surprises of +12.74% and +2.98%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
I’ve been following Deere (NYSE:DE) for years as a slow-moving industrial bet, and the most interesting line in agriculture right now sits buried inside SpaceX’s S-1 filing, where the iconic green-and-yellow brand shows up as a Starlink customer. The partnership hiding in plain sight SpaceX’s S-1 names John Deere directly. The filing states the company ... John Deere and Starlink: How the Iconic Tractor Maker Quietly Became a SpaceX Partner
Investing.com -- Deere & Company (NYSE:DE) reported second-quarter earnings that exceeded analyst expectations, driven by strong performance in its construction and small agriculture divisions, sending shares up 2.2% premarket on Thursday.
Agricultural and construction machinery company Deere (NYSE:DE) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 4.7% year on year to $13.37 billion. Its GAAP profit of $6.55 per share was 14.1% above analysts’ consensus estimates.
Deere & Company (NYSE:DE) reported second-quarter earnings ahead of analyst expectations, supported by strong momentum in its construction and small agriculture businesses, sending shares up 2. 2% in premarket trading on Thursday.
For its fiscal second-quarter, Deere reported earnings per share of $6.55. Wall Street was looking for $5.70.
Deere posted higher fiscal second-quarter sales as growth in the company’s construction equipment business helped to offset weakness in its production agriculture segment.
(Bloomberg) -- Deere & Co. reiterated its annual profit outlook Thursday as gains in construction and forestry helped to offset a still-slumping agricultural economy.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamUS Treasuries Rebound on Optimism for US-Iran Deal ProgressTh