Deere cites trade war issues for earnings miss; shares fall

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Shares of Deere fell more than 4 percent in premarket trading after the tractor supplier reported first-quarter earnings that missed Wall Street's expectations. Higher raw material costs and concerns over tariffs and trade policies hurt the company's results, the company said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It’s because of trump

POTUS realDonaldTrump larrykudlow Your tariff wars are backfiring. You spoke about how you were pro-business and wanted to revive American manufacturing- doesn't look like it is working.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Hilton Worldwide, Dish Network, Deere, GM & moreSome of the names on the move ahead of the open. Earnings almost bad this morning. Worrying market gonna turn red
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: PepsiCo, Deere, Newell Brands, CBS & moreSome of the names on the move ahead of the open. Coors JV cannabis partner HEXO developing Truss Beverages... News soon(er) or later 🍺
Source: CNBC - 🏆 12. / 72 Read more »

Deere is crushing Caterpillar this year, but experts say that's about to changeDeere is racing circles around Caterpillar. The tractor company is up 20 percent over the past six months, while Caterpillar languishes in the red.
Source: CNBC - 🏆 12. / 72 Read more »