U.S. Stocks Move | Deere & Co (DE.US) rises over 7% as Q3 results exceed expectations

智通财经APP has learned that on Thursday, Deere & Company (DE.US) rose over 7% to $624.06. According to news, Deere released its fiscal Q3 2026 financial report. For the three months ending August 2, the company achieved a net profit of $1.38 billion, compared to $1.29 billion in the same period last year. Earnings per share this quarter reached $5.10, surpassing the market expectation of $4.69 given by FactSet polled analysts. Net sales and revenue increased by 6.2% to $11.0 billion, exceeding Wall Street’s forecast of $10.81 billion; the company’s total revenue stood at $12.61 billion. Deere raised the lower end of its full-year net profit guidance from its previous target to $4.75 billion, with the upper end remaining at $5 billion.