Aug. 20 at 7:38 PM
Deere shares jumped about 6% Thursday after the farm and construction equipment maker reported stronger-than-expected quarterly results and raised the low end of its full-year profit outlook.
Deere posted a profit of
$1.38 billion for the third quarter ended Aug. 2, 2026, compared with
$1.29 billion in last year’s comparable period. Total worldwide net sales and revenues for the company rose 5% to
$12.6 billion for the third quarter.
$DE