Deere Stock News

The stock price of Deere (NYSE: DE) surged 8% on November 21, after the company reported upbeat fiscal Q4 results (fiscal ends in October). It reported equipment revenue of $9.3 billion and earnings of $4.55 per share, compared to the street estimates of $9.3 billion and $3.90, respectively.

Deere & Company is a compelling dividend growth stock with strong buybacks, yielding 1.5% and a five-year CAGR of 14.1%. Despite cyclical challenges, Deere's proactive inventory management, pricing power, and innovative technologies position it well for future growth. Potential demand tailwinds include easing monetary policy, improving agricultural fundamentals, and stabilization in used equipm...

Deere & Company (NYSE:DE ) Q4 2024 Earnings Conference Call November 21, 2024 10:00 AM ET Company Participants Josh Beal - Director, IR Josh Rohleder - Manager, Investor Communications John May - Chairman, President & CEO Cory Reed - President, President, Worldwide Agriculture & Turf Division: Production and Precision Ag, Americas and Australia Josh Jepsen - SVP & CFO Conference Call Participan...

Deere is the undisputed market leader among tractor and farming equipment manufacturers. This year, the whole industry faced many challenges and was expected to report weak earnings. However, after a weak report, John Deere's shares are rising close to ATHs.

John Deere earnings slumped for a fourth consecutive quarter and pace of declines worsened. But there were positive takeaways.

Deere & Company (DE) reported fiscal 2024 fourth-quarter results that topped estimates, even as the maker of farm equipment warned of "ongoing headwinds."

Deere & Company (NYSE:DE, ETR:DCO) stock was up 1.2% premarket after the tractor maker reported better quarterly earnings but delivered guidance that was not as much as had been forecast, due to ongoing investment in the business.  The Illinois-based group posted results showing net income of $1.245 billion for its fiscal fourth quarter, down 47% from a year earlier.

Deere & Co.'s stock rose 0.6% early Thursday, after the maker of agricultural and construction equipment blew past earnings for its fiscal fourth quarter, overshadowing soft guidance for fiscal 2025.