Major U.S. equities indexes climbed Thursday afternoon ahead of the Thanksgiving holiday amid renewed optimism about a Federal Reserve rate cut next month. The Dow, S&P 500, and Nasdaq all rose close to 1%.
Deere & Company (NYSE:DE, XETRA:DCO) shares dropped 5.2% Wednesday morning after the farm equipment giant reported stronger-than-expected fourth-quarter earnings but offered a cautious outlook for fiscal 2026. The company posted Q4 revenue of $12.39 billion, well above analysts' estimate of $9.82 billion, marking an 11% year-over-year increase.
Shares of Deere & Company (DE) fell Wednesday morning after the maker of large farm and construction equipment gave a weak forecast and warned that “difficult market conditions” will continue for a while longer.
Wednesday, Deere reported fiscal fourth—quarter earnings per share of $3.93 from revenues of $12.4 billion. Wall Street was looking for earnings per share of $3.84 from total revenue of $11.8 billion.
Deere logged higher sales in its fiscal fourth quarter as agricultural trends began to improve, but the company issued a downbeat forecast for the current year.
2025 results highlight resilient performance in the face of difficult market conditions Outlook for small ag and construction and forestry improves as large ag remains subdued Full-year 2026 earnings are projected to be between $4.00 billion and $4.75 billion MOLINE, Ill. , Nov. 26, 2025 /PRNewswire/ -- Deere & Company (NYSE: DE) reported net income of $1.065 billion for the fourth quarter ende...
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