Deere Beat Earnings Estimates. Why the Stock Is Falling.

Core Insights - Deere reported fiscal fourth-quarter earnings per share of $3.93, exceeding Wall Street's expectations of $3.84 [1] - The company's total revenue for the quarter was $12.4 billion, surpassing the anticipated $11.8 billion [1] Financial Performance - Earnings per share: $3.93 compared to the expected $3.84 [1] - Total revenue: $12.4 billion versus the forecasted $11.8 billion [1]