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Deere's Third-Quarter Profit Falls
(Reuters) -Farm-equipment maker Deere & Co reported a lower third-quarter profit on Thursday, hurt by muted demand and headwinds from U.S. tariffs. The company's net income in the quarter came in at $1.29 billion, or $4.75 per share, compared with $1.73 billion, or $6.29 per share, a year earlier.
A WARN notice has been removed after showing layoffs of nearly 1,000 employees at Deere's East Moline location.
John Deere disputes a state report claiming 819 layoffs at its Harvester plant in East Moline, saying the Illinois DCEO's figure combines multiple past job cuts.
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Deere reports fiscal third-quarter earnings per share of $4.75 from equipment sales of $10.4 billion, beating analysts’ ...
Industrial machinery makers are being battered by steeper costs from U.S. President Donald Trump's sweeping tariffs, with ...
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Wall Street shrugged off relatively disappointing earnings guidance from the maker of farm equipment, but the stock fell hard ...
At present, analysts predict that Deere will report earnings of $4.59 per share on revenues of $10.33 billion. This would ...
The world’s largest farm-equipment maker cut its annual outlook after posting a drop in quarterly profit and sales. Shares ...
John Deere plans a $20 billion investment in the U.S. over the next 10 years, emphasizing advanced manufacturing, innovative ...
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