StockNews.AI
DE
Benzinga
4 days

These Analysts Revise Their Forecasts On Deere After Q3 Results

1. Deere's Q3 earnings beat expectations at $4.75 per share. 2. Sales dipped 9% to $12.02 billion, surpassing estimates. 3. Production agriculture sales decreased 16%, impacting revenue. 4. Full-year profit forecast trimmed due to cautious customer sentiment. 5. Valuation ratings from analysts show mixed outlook on DE.

3m saved
Insight
Article

FAQ

Why Neutral?

Despite positive earnings, declining sales and reduced guidance create uncertainty.

How important is it?

Current earnings and guidance affect investor confidence and market positioning.

Why Short Term?

Immediate market reactions will adjust to earnings and forecasts in the coming quarters.

Related Companies

Related News