Deere Shares Tumble After the Farm Equipment Maker's 2024 Guidance Misses Estimates
![Deere Shares Tumble After the Farm Equipment Maker's 2024 Guidance Misses Estimates](https://www.investopedia.com/thmb/m6bg0HvQj_kQLw-jpZYMv0lxbfo=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/GettyImages-1778529254-433b914a189343a4a0ed10559b67e8fe.jpg)
Shares of Deere sank after its 2024 guidance fell short of estimates as high inflation and interest rates cut into demand.
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Deere Shares Tumble After the Farm Equipment Maker's 2024 Guidance Misses Estimates
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ilPFRv1uC2_c/v2/pidjEfPlU1QWZop3vfGKsrX.ke8XuWirGYh1PKgEw44kE/-1x-1.png)
DE) Deere Cuts 2024 Profit Outlook With Farmer Demand Easing - Bloomberg
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