US2441991054 - Common Stock
DEERE & CO
NYSE:DE (11/20/2024, 8:16:18 PM)
Premarket: 407.6 +2.64 (+0.65%)404.96
+4.87 (+1.22%)
Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. The company is headquartered in Moline, Illinois and currently employs 83,000 full-time employees. The firm defines, develops and delivers global equipment and technology solutions. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment provides solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment provides solutions for dairy and livestock producers, high-value crop producers, and turf and utility customers. CF segment provides a range of machines and technology solutions organized along the earthmoving, forestry and roadbuilding production systems. FS segment finances sales and leases by John Deere dealers of new and used production and precision agriculture equipment, SAT equipment, and construction and forestry equipment. Its technology-enabled products include John Deere Autonomous 8R Tractor and E-Power Backhoe.
DEERE & CO
One John Deere Place
Moline ILLINOIS 61265
P: 13097658000
CEO: John C. May
Employees: 83000
Website: https://www.deere.com/
Deere & Co., the world’s top farm machinery maker, expects lower-than-expected profits next year with few signs that growers are ready to start buying more tractors.
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Deere & Co., the world’s biggest farm machinery maker, is set to report what could be its worst fourth quarter since 2020, wrapping up a dismal period for the sector hit by a slumping farm economy.
According to the average brokerage recommendation (ABR), one should invest in Deere (DE). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Agricultural and construction machinery company Deere (NYSE:DE) will be reporting results tomorrow morning. Here’s what investors should know.
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