Deere Q3 earnings preview puts revenue streak and construction growth in focus

Deere & Company is scheduled to report third-quarter financial results Thursday before market open, offering investors a read on conditions in the farming sector. Analysts expect revenue of $10.73 billion, down from $12.02 billion a year earlier, and earnings of $4.70 per share, compared with $4.75 per share. Deere has exceeded revenue estimates for 27 consecutive quarters and earnings estimates for 15 straight quarters. Analysts have recently maintained ratings ranging from Neutral to Buy while adjusting price targets between $570 and $685. The farming-equipment business faces pressure from higher fuel and fertilizer costs, while construction equipment could benefit from strong demand linked to data-center construction. Deere’s construction performance, tariff refunds, current tariff effects and possible government farm-relief measures are key issues for investors. The stock was flat at $588.65 on Wednesday, within a 52-week range of $433.00 to $674.19, and was up 26.4% year-to-date in 2026.

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