The agricultural machinery maker posts fiscal third quarter earnings per share of $5.10 from agricultural equipment sales of about $7.4 billion.

By Nandan Mandayam Aug 20 (Reuters) - Deere, the world's largest farm equipment manufacturer, raised its full-year net income forecast on Thursday and posted its first rise in quarterly profit in three years on the back of an AI-driven construction boom and tariff refunds.

John Deere announced the Building America Excavator Contest this past March at Conexpo. I love contests, and I love excavators, so this one’s right up my alley. The

Deere shares are up more than 7% today after the machinery maker's quarterly profit topped expectations despite continued weakness in its large farm equipment business. The company got back $110 million in tariff refunds during the quarter that ended Aug.

Deere , the world’s largest farm equipment manufacturer, raised its full-year net income forecast on Thursday and posted its first rise in quarterly profit in three years on the back of an AI-driven construction boom and tariff refunds.

Deere (DE) stock climbs after Q3 earnings beat with $5.10 EPS and $12.61B revenue. 2026 guidance upgraded despite regional sales pressure.

Deere & Co. was one of the best-performing stocks in the S&P 500 on Thursday, after the agricultural and industrial equipment maker posted better-than-expected quarterly results.

Deere says the deal would add roughly $21,000 in combined wage increases and bonuses per average worker over two years.