Deere shares are trading lower despite a Q3 earnings beat and FY23 guidance raise.
Portfolio Pulse from Benzinga Newsdesk
Deere & Company's shares are trading lower despite the company reporting better-than-expected Q3 earnings and raising its FY23 guidance.
August 18, 2023 | 2:01 pm
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Deere & Company's stock is trading lower despite positive Q3 earnings and an increased FY23 guidance.
Despite the positive news of Q3 earnings beat and raised FY23 guidance, Deere & Company's stock is trading lower. This could be due to market factors or investor sentiment not reflected in the earnings report. The direct mention of Deere & Company and the impact on its stock price makes this news highly relevant and important.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100