Deere & Co shares are trading lower after the company reported Q2 results and lowered its fiscal 2024 net income guidance.
Portfolio Pulse from Benzinga Newsdesk
Deere & Co shares are trading lower after the company reported Q2 results and lowered its fiscal 2024 net income guidance.
May 16, 2024 | 10:16 am
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NEGATIVE IMPACT
Deere & Co shares are trading lower following the release of Q2 results and a reduction in fiscal 2024 net income guidance.
The reduction in fiscal 2024 net income guidance is a significant negative indicator for investors, leading to a drop in share price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100