Deere Not Out of the Woods Yet. Here's Why the Stock is Falling Today.
Deere Not Out of the Woods Yet. Here's Why the Stock is Falling Today.
Key Takeaways Deere & Company is warning that tough market conditions, partially attributable to tariffs, will continue into next year. The manufacturer of big farm and construction equipment gave a full-year outlook below forecasts. The news offset better-than-expected profit and sales figures for the fiscal fourth quarter. 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. In the company’s fourth-quarter fiscal 2025 earnings report, CEO John May said “ongoing margin pressures from tariffs and persistent challenges in the large ag sector remain.” He added that Deere believes “ 2026 will mark the bottom of the large ag cycle.” The company predicts next year’s net income will be in a range of $4.00 billion to $4.75 billion. Analysts surveyed by Visible Alpha were looking for $5.19 billion. The outlook offset a strong fourth
Key Takeaways Deere & Company is warning that tough market conditions, partially attributable to tariffs, will continue into next year. The manufacturer of big farm and construction equipment gave a full-year outlook below forecasts. The news offset better-than-expected profit and sales figures for the fiscal fourth quarter. 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. In the company’s fourth-quarter fiscal 2025 earnings report, CEO John May said “ongoing margin pressures from tariffs and persistent challenges in the large ag sector remain.” He added that Deere believes “ 2026 will mark the bottom of the large ag cycle.” The company predicts next year’s net income will be in a range of $4.00 billion to $4.75 billion. Analysts surveyed by Visible Alpha were looking for $5.19 billion. The outlook offset a strong fourth