{"id":36760,"date":"2023-11-23T14:31:19","date_gmt":"2023-11-23T14:31:19","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/deeres-stock-dives-after-outlook-for-earnings-sales-disappoint\/"},"modified":"2023-11-23T14:31:22","modified_gmt":"2023-11-23T14:31:22","slug":"deeres-stock-dives-after-outlook-for-earnings-sales-disappoint","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=36760","title":{"rendered":"Deere\u2019s stock dives after outlook for earnings, sales disappoint"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002753917\">\n<div class=\"snippet__body\">\n<p>Shares of Deere &amp; Co. DE dropped to the lowest levels seen in months Wednesday, after the maker of agricultural, construction and turf equipment earnings and sales outlook for next year was well below Wall Street forecasts.<\/p>\n<p>For fiscal 2024, the company expects net income of $7.75 billion to $8.25 billion, below the current FactSet consensus of $9.31 billion, \u201cas volumes return to mid-cycle levels.\u201d<\/p>\n<p>That&#8230;<\/p>\n<div id=\"cx-snippet\">\n<div class=\"snippet__roadblock\">\n<p><h3 class=\"headline_1\">\n              Master your money.<br \/>\n            <\/h3>\n<h3 class=\"headline_2\">\n              Subscribe to MarketWatch.<br \/>\n            <\/h3>\n<\/p>\n<p><h4 class=\"subheadline_1\">\n              Get this article and all of MarketWatch.<br \/>\n            <\/h4>\n<h4 class=\"subheadline_2\">\n              Access from any device. Anywhere. Anytime.<br \/>\n            <\/h4>\n<\/p>\n<p>             Subscribe Now<\/p>\n<p class=\"snippet__roadblock_sign_in_text\">\n            Already a subscriber?<\/p>\n<p>              Log In<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/deeres-stock-sinks-after-earnings-beat-forecasts-but-outlook-is-well-below-9f28753c?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Deere &amp; Co. DE dropped to the lowest levels seen in months Wednesday, after the maker of agricultural, construction and turf equipment earnings and sales outlook for next year was well below Wall Street forecasts. For fiscal 2024, the company expects net income of $7.75 billion to $8.25 billion, below the current FactSet<\/p>\n","protected":false},"author":1,"featured_media":36761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-36760","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Deere\u2019s stock dives after outlook for earnings, sales disappoint | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Shares of Deere &amp; Co. 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