John Deere(US:DE) 智通财经网·2026-02-19 13:26Group 1 - Deere & Company reported better-than-expected Q1 results for fiscal year 2026, with revenue increasing by 13% year-over-year to $9.611 billion, surpassing analyst expectations of $7.69 billion [1] - The net income for Q1 was $655 million, a decrease of 25% from $869 million in the same period last year, while diluted earnings per share were $2.42, lower than $3.19 a year ago but better than the expected $2.06 [1] - The company raised its full-year net income forecast to between $4.5 billion and $5 billion, up from the previous estimate of $4 billion to $4.75 billion, and above the consensus estimate of $4.45 billion [1] Group 2 - Deere's largest production and precision agriculture segment continues to face pressure, with the company reiterating its expectation of a 5% to 10% decline in net sales for the year [2] - The company has increased its outlook for small agriculture, lawn care, and construction and forestry sectors, indicating a positive shift in these areas [2] - Deere announced plans to recall nearly 100 employees previously laid off at two construction and forestry plants in Iowa and will shift excavator production from Japan to a new $70 million facility in North Carolina [2]