Deere Exceeds Q4 Earnings Expectations Despite Profit Decline

Agricultural equipment giant Deere & Company defied expectations, reporting higher-than-anticipated earnings in the fourth quarter despite a profit decline. The company surpassed analyst predictions with an EPS of $3.93 and revenue reaching $12.39 billion. While production costs continued to pressure profit margins, strategic improvements helped mitigate these challenges. 4Q net income reached $1.065 billion, although tariffs and rising production costs imposed a strain on the company’s finances.