Trade War Puts Deere In Headlights

"Third-quarter results reflected the high degree of uncertainty that continues to overshadow the agricultural sector", John Deere CEO Samuel Allen said Friday, weighing in on a lackluster set of quarterly results that featured a 3% slide in sales. Among other things, investors initially weren't enamored with Deere's guidance cut. The company now sees equipment sales rising 4% in fiscal 2019, versus 5% previously. The company also trimmed its profit forecast to $3.2 billion from $3.3 billion th

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

One thought on “Trade War Puts Deere In Headlights