John Deere projects tariff costs of $600 million for fiscal 2025, causing a 7% stock drop. Operating profits decreased due to higher tariffs, affecting net income and sales. Third-quarter earnings report beats expectations with $4.75 EPS and $10.36 billion revenue. Net income drops 26% to $1.29 billion, prompting a revised income outlook. CEO John May remains optimistic amid economic uncertainty, noting positive signs of growth in Europe and South America.
Read more at CNBC: John Deere (DE) Q3 2025 earnings
