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Deere Q1 Preview: Trump Warned Company To 'Reduce Prices,' Will Earnings Be Impacted?
Deere & Company is expected to report first-quarter revenue of $7.54 billion and earnings per share of $2.03, both down from the previous year. Investors will be watching how political factors, specifically President Trump’s past call for Deere to reduce prices and the impact of tariffs, will affect the company’s results and future guidance. The company has new manufacturing and distribution facilities in the U.S. which could improve relations with the White House, potentially mitigating some tariff impacts.