Deere earnings face pressure as farmer sentiment hits 12-month low
Deere reports earnings Wednesday, with Wall Street expecting $3.81 EPS on $9.81 billion revenue amid the weakest farmer sentiment in a year. The company trimmed its full-year outlook and may remain in a downturn until 2026, per UBS, before recovering in 2027. Deere shares are up 2.3% this week and have beaten estimates in three of the last four quarters.