Deere raises FY2026 net income forecast to $4.5B-$5B and lifts construction & forestry sales outlook by ~20%
John Deere (DE) raised its full-year 2026 net income guidance to a range of $4.5 billion to $5 billion, citing strong performance in the second quarter with year-over-year net sales growth of 5% and an equipment operations margin of 16.9%. The company also increased its construction and forestry segment sales outlook by approximately 20%, driven by improved demand.
Tickers: $DE
Topics: Earnings Margin Performance Sales Growth