Deere's 9% Stock Rally: Is the Worst Finally Over for This Agricultural Giant?

GuruFocus.com02:02

Deere & Co. (NYSE:DE) just dropped its Q4 earnings, and while profits are clearly down, the results crushed Wall Street's low expectationsand investors are loving it. The stock shot up nearly 9% after...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485544562?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/cQv_oRqYiD_6ucVubZnszw--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/4daddc4ed7effc36849e9d9152db47f8","is_english":true,"pubTime":"2024-11-22 02:02","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2485544562","market":"us","top_or_hot":-1,"title":"Deere's 9% Stock Rally: Is the Worst Finally Over for This Agricultural Giant?","media":"GuruFocus.com","content":"<div>\n<p>Deere & Co. (NYSE:DE) just dropped its Q4 earnings, and while profits are clearly down, the results crushed Wall Street's low expectationsand investors are loving it. The stock shot up nearly 9% after...</p>\n\n<a href=\"https://finance.yahoo.com/news/deeres-9-stock-rally-worst-180225002.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deere's 9% Stock Rally: Is the Worst Finally Over for This Agricultural Giant?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeere's 9% Stock Rally: Is the Worst Finally Over for This Agricultural Giant?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 02:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/deeres-9-stock-rally-worst-180225002.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deere & Co. (NYSE:DE) just dropped its Q4 earnings, and while profits are clearly down, the results crushed Wall Street's low expectationsand investors are loving it. The stock shot up nearly 9% after...</p>\n\n<a href=\"https://finance.yahoo.com/news/deeres-9-stock-rally-worst-180225002.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999011175.SGD","symbol_name":"Nikko AM Global Dividend Equity Dis SGD-H","start_time":0,"source_url":"https://finance.yahoo.com/news/deeres-9-stock-rally-worst-180225002.html","article_id":"2485544562","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/cQv_oRqYiD_6ucVubZnszw--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/4daddc4ed7effc36849e9d9152db47f8"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485544562","pubTimestamp":1732212145,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Deere & Co.  just dropped its Q4 earnings, and while profits are clearly down, the results crushed Wall Street's low expectationsand investors are loving it. The stock shot up nearly 9% after Deere reported earnings of $4.55 per share, beating the $3.87 analysts predicted. Sure, revenue tumbled 28% year-over-year to $11.1 billion, but Deere's proactive cost-cutting moves, like production adjustments and workforce alignment, seem to be paying off. CEO John May's focus on \"making meaningful investments\" while adapting to market pressures is helping the company weather the storm of lower crop prices and weaker farmer spending.But here's the rub: Deere's fiscal 2025 guidance is still soft, with net income expected to land between $5 billion and $5.5 billionbelow Wall Street's $5.8 billion forecast. The pain isn't over in its key segments, with large agriculture equipment sales in North America projected to drop by a brutal 30%. In Q4, its flagship Production & Precision Agriculture divisio","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999011175.SGD":"Nikko AM Global Dividend Equity Dis SGD-H","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2023250843.SGD":"Allianz Thematica Cl AT Acc H2-SGD","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU0130517989.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"R\" INC","LU1989763690.USD":"东方汇理世代食品基金A2 Acc","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1989763427.SGD":"CPR Invest - Food For Generations A2 Acc SGD-H","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","SG9999002521.SGD":"United Global Resources A Acc SGD","LU2211817866.USD":"Allianz Food Security AT Acc USD","LU1861214812.USD":"Blackrock Future of Transport A2 USD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0477156953.USD":"HARRIS ASSOCIATES US VALUE EQUITY \"RE\" (USD) ACC","BK4585":"ETF&股票定投概念","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","BK4152":"农用农业机械","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4588":"碎股","LU0385154629.USD":"贝莱德营养科学基金A2","LU0312595415.SGD":"Schroder ISF Global Climate Change Equity A Acc SGD","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","DE":"迪尔股份有限公司","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H"},"translate_title":"Deere股价上涨9%：这家农业巨头最糟糕的时期终于结束了吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DE":0.9},"content_text":"Deere & Co. (NYSE:DE) just dropped its Q4 earnings, and while profits are clearly down, the results crushed Wall Street's low expectationsand investors are loving it. The stock shot up nearly 9% after Deere reported earnings of $4.55 per share, beating the $3.87 analysts predicted. Sure, revenue tumbled 28% year-over-year to $11.1 billion, but Deere's proactive cost-cutting moves, like production adjustments and workforce alignment, seem to be paying off. CEO John May's focus on \"making meaningful investments\" while adapting to market pressures is helping the company weather the storm of lower crop prices and weaker farmer spending.\n\nWarning! GuruFocus has detected 5 Warning Sign with DE.\n\nBut here's the rub: Deere's fiscal 2025 guidance is still soft, with net income expected to land between $5 billion and $5.5 billionbelow Wall Street's $5.8 billion forecast. The pain isn't over in its key segments, with large agriculture equipment sales in North America projected to drop by a brutal 30%. In Q4, its flagship Production & Precision Agriculture division saw sales dive 38%, while margins shrank under the weight of lower shipment volumes. Construction & Forestry wasn't spared either, with a 29% revenue hit. Despite these headwinds, analysts like Raymond James are optimistic this could be the end of negative earnings revisions.\nSo why is the stock popping? Expectations were already rock bottom, and Deere's ability to steer through tough times has investors seeing light at the end of the tunnel. Trading at 19 times forward earnings, the stock is signaling that the worst might be behind usat least for now. But let's not kid ourselves; any meaningful turnaround depends on external factors like weather patterns and a potential recovery in crop prices. For investors, Deere's resilience amid cyclical turbulence is intriguing, but the path to growth still looks uphill.This article first appeared on \nGuruFocus.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485544562"}