John Deere CEO Calls 2026 The Bottom Of The Farm Slump - Deere (NYSE:DE)
John Deere's CEO, John May, believes 2026 will mark the bottom of the current farming slump and provide a strong foundation for future growth. The company reported better-than-expected Q1 2026 results, with EPS of $2.42 and global net sales up 13% to $9.611 billion, surpassing analyst estimates. Despite challenges in large agriculture, growth in construction and small agriculture segments, coupled with continued R&D investment, underpins a raised net income guidance for fiscal 2026 to $4.5 billion to $5.0 billion.
https://www.benzinga.com/markets/earnings/26/02/50724202/john-deere-ceo-calls-2026-the-bottom-of-the-farm-slump