BMO Capital Reiterates Market Perform Rating on Deere (DE)

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Deere Reports Third Quarter Net Income of $1.734 Billion

August 15, 2024 6:33 AM EDT

Strong ag margins highlight continued value delivery amid market fluctuations.Global ag fundamentals are expected to remain weak as construction moderates.Full-year net income forecast unchanged despite challenging environment.

MOLINE, Ill., Aug. 15, 2024 /PRNewswire/ -- Deere & Company reported net income of $1.734 billion for the third quarter ended July 28, 2024, or $6.29 per share, compared with net income of $2.978 billion, or... More