Deere & Co. Plunges 4.97% on Weak Q3 Earnings, Tariff Woes

On August 14, 2025, Deere's stock experienced a significant drop of 4.97% in pre-market trading, reflecting investor concerns and market sentiment.

Deere & Co reported a lower third-quarter profit, impacted by subdued demand and challenges from U.S. tariffs. The company's earnings per share for the third quarter were expected to be $4.63, a decrease from $6.29 in the same period last year. This decline was attributed to weak farmer spending due to low commodity prices and increased production expenses.

Deere's full-year net income guidance was narrowed, indicating a cautious outlook for the remainder of the fiscal year. The company has been aligning its production with demand levels in response to challenging conditions in the global agricultural and construction sectors. Despite these headwinds, favorable price realization is expected to have partially offset some of the negative impacts.