ETFs in Focus as Deere Beats on Q4 Earnings
Portfolio Pulse from
Deere reported strong Q4 fiscal 2024 earnings, but provided a cautious outlook for FY25, impacting ETFs with exposure to the company.
November 22, 2024 | 5:15 pm
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Deere reported strong Q4 fiscal 2024 earnings, leading to a positive short-term impact on its stock price. However, the cautious FY25 guidance may temper long-term enthusiasm.
Deere's strong Q4 earnings are likely to boost investor confidence and drive the stock price up in the short term. However, the downbeat FY25 guidance could introduce some caution among investors, potentially leading to volatility.
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