India, May 15 -- Deere & Co. (DE), while reporting weak second-quarter results but above market estimates, on Thursday trimmed the lower end of its fiscal 2025 net income outlook range. The company said the full-year forecast range was broadened in response to dynamic environment.
In the pre-market activity on the NYSE, the farm and construction equipment manufacturer's shares were gaining around 2.5 percent to trade at $510.00.
John May, chairman and CEO of John Deere, said, "Despite the near-term market challenges, we remain confident in the future. Our commitment to delivering value for our customers includes ongoing investment in advanced products, solutions, and manufacturing capabilities. Over the next decade, we will continue to ma...