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1 week agoDeere's Construction Boom Masks Deepening Farm Equipment Slump
Deere (NYSE: DE | DE Price Prediction) posted Q2 fiscal 2026 diluted EPS of $6.55, beating consensus estimates of $5.70 to $5.81, on revenue of $13.37 billion, up 5.0% year over year. Management held full-year net income guidance at $4.5 billion to $5.0 billion. And yet shares fell almost 8% intraday, and closed trading at $531.35, down 5.2% for the day.
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