Deere (DE) Is Up 6.3% After Raising 2026 Net Income Guidance - What's Changed

In August 2026, Deere & Company reported fiscal third-quarter results showing sales of US$10,999 million and revenue of US$12,608 million, alongside net income of US$1,379 million and diluted EPS of US$5.10, and subsequently raised its fiscal 2026 net income guidance to a range of US$4.75 billion to US$5.00 billion. The performance was underpinned by strong operating margins and growth in construction and forestry, highlighting how Deere’s technology and infrastructure exposure is helping...