John Deere 2024 Profits. Analysts had been looking for more than $9.3 billion. Shares dropped more than 5% before the market open on thursday.
Company’s shares drop as much as 5.5%, most in three months; The company’s earnings have increased since 2021, as farmers looking.
It Provided Disappointing Outlook For Fiscal 2024 Profits Amid Concerns About Slowing.
Prior to that, the company had forecast a 2024 profit between $7.75 billion and $8.25 billion.
The Company's Earnings Have Increased Since 2021, As Farmers Looking.
The current gross profit margin for deere as of april 30, 2024 is %.
Deere, Which Makes Agricultural Equipment, Cut Its Profit Outlook To $7 Billion From A Previous Range Of $7.50 Billion To $7.75 Billion.
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The Quarter Capped Off A Fiscal Year When Deere Earned A Profit Of $7.13 Billion, The Company's Second Straight Record Year.
Current and historical gross margin for deere (de) over the last 10 years.
Deere Said It Expects 2024 Profit To Be In A Range Of $7.75 Billion To $8.25 Billion.
The midwest farm and construction equipment maker posted annual net income of nearly $6 billion, more than double the $2.8 billion it earned a year earlier and easily clearing its previous fiscal.
Current And Historical Gross Margin, Operating Margin And Net Profit Margin For Deere (De) Over The Last 10 Years.
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