Deere & Co shares are trading higher after the company reported better-than-expected Q2 financial results and issued guidance.
Portfolio Pulse from Benzinga Newsdesk
Deere & Co reported better-than-expected Q2 financial results and issued guidance, leading to a rise in its share price.
May 19, 2023 | 12:12 pm
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POSITIVE IMPACT
Deere & Co's better-than-expected Q2 results and guidance have led to an increase in its share price.
Deere & Co reported better-than-expected Q2 financial results, which is a positive indicator for the company's performance. This news, combined with the issued guidance, has led to an increase in the company's share price, making it likely to go up in the short term.
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