Deere & Co (NYSE:DE) reported better-than-expected third-quarter results and reaffirmed its net income 2024 outlook on Thursday. The company's net sales and revenue declined 17% year-over-year to $13.152 billion, beating the consensus of $10.944 billion. Deere clocked an EPS of $6.29, down from $10.20 YoY, beating the consensus of $5.85. During the quarter, the company initiated involuntary employee-separation programs across several regions, aiming to streamline operations. The programs incurred $124 million in pretax expenses, with an estimated total of $150 million. Deere reaffirmed its 2024 net income outlook of $7.00 billion. Deere expects 2024 Production & Precision Ag ...