Shares in Deere & Company (NYSE:DE, XETRA:DCO), the American agricultural and construction equipment manufacturer, nudged 1.3% lower in pre-market trading on Thursday after the company reported a sharp drop in first-quarter net income despite raising its full-year profit forecast. Net income fell 25% year on year to $656 million, or $2.42 per share, as higher tariffs and an unfavourable sales mix weighed on profitability, even as total revenues rose 13% to $9.61 billion.
Deere (DE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $3.19 per share a year ago.
Deere posted lower first-quarter profit, which was dragged down by tariffs and weak tractor demand.
DE heads into Q1 earnings with profit seen plunging nearly 40% as weak farm spending and high costs weigh on margins.
Deere & Company just delivered its latest quarterly dividend of $1.62 per share to shareholders on February 9, 2026, marking the fourth consecutive quarter at this elevated payout level.
The S&P 500 has been treating the 7,000 level like a bug zapper, retreating whenever the milestone approaches as if it'll receive a shock for getting too close. But despite this frustrating market action, some previously beaten-down sectors are breaking out, and many ‘old economy' stocks are hitting fresh all-time highs as capital rotates out of pricey tech stocks.
Beyond analysts' top-and-bottom-line estimates for Deere (DE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2026.
Deere (DE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Deere (DE) closed at $593.41 in the latest trading session, marking a +1.32% move from the prior day.
Deere (DE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Deere (DE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Most people are totally missing the point on the AI trade. To use a hockey analogy (it is the dead of winter, after all!