Deere & Co. beats earnings expectations, revenue up 23%, profit forecast raised, shares surge.

From Yahoo Finance: 2025-06-23 12:22:00

Deere & Co. reported strong quarterly earnings, beating analyst expectations. The company’s revenue increased by 23% to $12.46 billion, driven by higher demand for farm equipment. Deere also raised its profit forecast for the year, citing a positive outlook for the agriculture sector. Shares of Deere surged on the news.

Read more: Analyst Report: Deere & Co.