Deere Reports Net Income of $1.245 Billion for Fourth Quarter, $7.1 Billion for Fiscal Year
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Deere reported a net income of $1.245 billion for the fourth quarter and $7.1 billion for the fiscal year, showcasing strong execution despite market challenges. The company projects full-year 2025 earnings to range from $5.0 to $5.5 billion, indicating improved structural performance.
November 21, 2024 | 11:45 am
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Deere reported strong financial results with a net income of $1.245 billion for Q4 and $7.1 billion for the fiscal year. The company projects 2025 earnings between $5.0 and $5.5 billion, indicating improved performance.
Deere's strong financial performance in Q4 and the fiscal year, along with positive earnings projections for 2025, suggest a positive short-term impact on its stock price. The results demonstrate the company's ability to execute well despite market challenges, which is likely to boost investor confidence.
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