NYSE:DEMachinery
Deere (DE) Is Down 5.8% After Profit Mix Shifts Away From Large Ag Equipment - Has The Bull Case Changed?
In May 2026, Deere & Company reported fiscal second-quarter results showing revenue rising to US$13.37 billion while net income eased slightly to US$1.77 billion, and reaffirmed full-year 2026 net income guidance of US$4.5 billion to US$5.0 billion.
Beneath the headline beat on earnings per share, performance tilted away from large agricultural equipment toward faster-growing Construction & Forestry and Small Agriculture & Turf, highlighting how Deere’s profit mix is shifting as farm markets...