Deere & Co. (DE) Tops Q4 EPS by 78c, Beats on Revenue; Guides FY24 Below Consensus

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Go back to Deere & Co. (DE) Tops Q4 EPS by 78c, Beats on Revenue; Guides FY24 Below Consensus

Deere & Co. (DE) sinks 6% following results; pressures peers Caterpillar, CNH

November 22, 2023 6:30 AM EST

Deere & Co. (NYSE: DE) is down 6% after its net income guidance for fiscal 2024 missed:

Net income attributable to Deere & Company for fiscal 2024 is forecasted to be in a range of $7.75 billion to $8.25 billion. This compares to the consensus of $9.32... More