Deere , Caterpillar — Deere shares dropped nearly 4% after the agricultural equipment maker issued disappointing guidance for fiscal 2024.
Deere said it expects net income between $7.75 billion and $8.25 billion, short of the $9.31 billion expected from analysts polled by StreetAccount.
Autodesk — Autodesk fell more than 5% a day after the software company issued lower-than-expected fiscal fourth-quarter earnings guidance.
The company now expects earnings per share of between $1.91 and $1.97, below estimates of $2.01 per share, according to LSEG.
Nvidia posted adjusted earnings of $4.02 per share on $18.12 billion in revenue, while analysts polled by LSEG expected earnings of $3.37 per share and $16.18 billion in revenue.
Persons:
Deere, StreetAccount, Piper Sandler, LSEG, — CNBC's Michelle Fox, Alex Harring, Jesse Pound, Darla Mercado
Organizations:
JPMorgan, Capybara, Deere, Caterpillar — Deere, Caterpillar, Nordstrom, LSEG, HP —, HP, Autodesk — Autodesk, Autodesk, Nvidia —, Nvidia, Airlines, West Texas Intermediate, American Airlines and United Airlines, Norwegian Cruise Line
Locations:
LSEG, China