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Deere forecasts annual profit below estimates due to tariff impacts and weaker margins
CNBC Television· 2025-11-26 14:51
Welcome back. Shares of deer under pressure. The farm equipment maker expects annual profit to come in below estimates because of tariff impacts and weaker margins from its large tractors.The quarter, Carl, was was actually pretty good and saw growth across all of the different sectors, including construction, which was really strong, up 27%. But maybe they're being conservative because just the farm economy has been so volatile. Um, but the the guidance was a disappointment here and and a bit of a headscra ...
X @Bloomberg
Bloomberg· 2025-11-26 11:24
Deere's first outlook for the year ahead fell short of expectations as uncertainly continues to surround the US farm economy https://t.co/iOhrUJcy9N ...
X @Bloomberg
Bloomberg· 2025-08-12 20:20
Trade Impact - Losing access to the US consumer market may negatively impact India's farm economy [1] - The negative impact of losing US market access may outweigh the impact of cutting tariffs on produce for India [1]