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

Generated by AI AgentAinvest Pre-Market Radar
Thursday, Aug 14, 2025 6:23 am ET1min read
Aime RobotAime Summary

- Deere's stock fell 4.97% pre-market due to weak Q3 earnings and U.S. tariff challenges.

- Earnings per share dropped to $4.63, down from $6.29, driven by low commodity prices and rising costs.

- The company narrowed full-year guidance, adjusting production to align with weak global agricultural and construction demand.

- Favorable pricing partially offset losses, but ongoing challenges persist in key sectors.

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.

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