John Deere reports strong earnings in Q2, warns of trouble ahead from COVID-19
In this article:
Deere posted better-than-expected second-quarter earnings, but warned of impacts from COVID-19 to come. Yahoo Finance’s Adam Shapiro discusses.
Video Transcript
- All right. We're going to move on. Just want to point out, by the way, when we talked about John Deere earnings, that they are expecting global equipment sales to fall 30% to 40% this year because of the COVID-19 pandemic. So that is obviously having a weight on demand.
