Deere raises full-year net income forecast

Reuters
Feb 19
Deere raises full-year net income forecast

Feb 19 (Reuters) - Farm-machinery maker Deere & Co DE.N raised its full-year net income forecast on Thursday, benefiting from earlier cost-cutting measures that helped cushion the impact of soft equipment demand.

The company expects net income for 2026 to range between $4.5 billion and $5 billion, compared with its prior forecast of $4 billion to $4.75 billion.

(Reporting by Abhinav Parmar in Bengaluru; Editing by Pooja Desai)

((Abhinav.Parmar@thomsonreuters.com;))

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