These Analysts Boost Their Forecasts On Deere Following Upbeat Earnings

Deere & Co DE reported better-than-expected third-quarter results and reaffirmed its net income 2024 outlook on Thursday.The company's net sales and revenue declined 17% year-over-year to $13.152 billion, beating the consensus of $10.944 billion. Deere clocked an EPS of $6.29, down from $10.20 YoY, beating the consensus of $5.85.During the quarter, the company initiated involuntary employee-separation programs across several regions, aiming to streamline operations. The programs incurred $124 million in pre ...