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Deere Stock Tumbles Before Earnings as Wall Street Tests John Deere’s 2026 Rebound
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Deere Stock Tumbles Before Earnings as Wall Street Tests John Deere’s 2026 Rebound
Deere & Company shares dropped 4.95% to $562.64 on Friday, underperforming peers ahead of its May 21 earnings report. Analysts expect quarterly EPS of $5.81, down 12.5% from last year, citing weak large-farm machinery demand. Deere forecasts fiscal 2026 net income of $4.5–$5 billion but faces a $1.2 billion tariff hit and lower U.S. farm income. The company settled “right to repair” litigation this month. The post Deere Stock Tumbles Before Earn…
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