Deere raises lower end of 2026 net income forecast range
DE•Deere lifts bottom of full-year profit outlook
Aug. 20 (Reuters) - Deere, the world's largest farm equipment manufacturer, raised the lower end of its full-year net income forecast range on Thursday, betting on improved demand for its smaller tractors and construction equipment.
The John Deere tractor manufacturer now expects 2026 net income of $4.75 billion to $5 billion, compared with its earlier projection of $4.5 billion to $5 billion.
