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Deere raises full-year net income forecast

ReutersFeb 19, 2026 11:09 AM

- Farm-machinery maker Deere & Co DE.N raised its full-year net income forecast on Thursday, benefiting from earlier cost-cutting measures that helped cushion the impact of soft equipment demand.

The company expects net income for 2026 to range between $4.5 billion and $5 billion, compared with its prior forecast of $4 billion to $4.75 billion.

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