{"id":2149,"date":"2020-03-25T09:34:50","date_gmt":"2020-03-25T13:34:50","guid":{"rendered":"https:\/\/www.construction.com\/newsroom_details_pag\/john-deere-withdraws-2020-financial-outlook\/"},"modified":"2025-08-07T09:49:27","modified_gmt":"2025-08-07T13:49:27","slug":"john-deere-withdraws-2020-financial-outlook","status":"publish","type":"post","link":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/","title":{"rendered":"John Deere Withdraws 2020 Financial Outlook"},"content":{"rendered":"

John Deere Withdraws 2020 Financial Outlook<\/strong><\/em><\/p>\n

Heavy-equipment producer Deere withdrew its 2020 financial guidance in response to the coronavirus outbreak, which has crippled large parts of the world economy.<\/p>\n

Heavy-equipment producer Deere (DE)<\/a> – Get Free Report<\/a> withdrew its 2020 financial guidance in response to the coronavirus outbreak, which has crippled large parts of the world economy.<\/p>\n

The Moline, Ill., company said it would provide further updates during its second-quarter-earnings report on May 22. <\/p>\n

Deere is a federally designated essential critical infrastructure business, meaning that it will have to continue its domestic operations. But those operations have been hampered by social distancing and new working arrangements.<\/p>\n

“Above all else, the company is committed to the safety and well-being of its employees and is doing everything possible to ensure that its facilities follow the highest standards of safety and hygiene,” Deere said in an 8-K filing with the Securities and Exchange Commission.<\/p>\n

“At the same time, the company and its employees remain committed to meeting the needs of customers and ensuring they receive equipment, parts and services in a timely manner.” <\/p>\n

John Deere shares at last check were off 6.7% at $111.63.<\/p>\n

Deere is just the latest company to preannounce that the coronavirus is clouding its financial projections for the year. <\/p>\n

Federal, state and local governments have been urging constituents to stay inside and stay six feet away from each other. <\/p>\n

Along with store reducing hours and closing and restaurants told they can serve only takeout and delivery, the coronavirus is wreaking havoc on the American economy. <\/p>\n

Some estimates now say that U.S. second-quarter gross domestic product will fall 10% in the second quarter. <\/p>\n","protected":false},"excerpt":{"rendered":"

John Deere Withdraws 2020 Financial Outlook Heavy-equipment producer Deere withdrew its 2020 financial guidance in response to the coronavirus outbreak, which has crippled large parts of the world economy. Heavy-equipment producer Deere (DE) – Get Free Report withdrew its 2020 financial guidance in response to the coronavirus outbreak, which has crippled large parts of the…<\/p>\n","protected":false},"author":41,"featured_media":23698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[75],"tags":[],"class_list":["post-2149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reports"],"acf":[],"yoast_head":"\nJohn Deere Withdraws 2020 Financial Outlook | Dodge Construction Network<\/title>\n<meta name=\"description\" content=\"Due to pandemic-related uncertainty, John Deere has withdrawn its 2020 financial outlook. Read the report on the impact to the equipment market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"John Deere Withdraws 2020 Financial Outlook | Dodge Construction Network\" \/>\n<meta property=\"og:description\" content=\"Due to pandemic-related uncertainty, John Deere has withdrawn its 2020 financial outlook. Read the report on the impact to the equipment market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Dodge Construction Network\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DodgeData\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-25T13:34:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-07T13:49:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amy Roepke\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DodgeData\" \/>\n<meta name=\"twitter:site\" content=\"@DodgeData\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amy Roepke\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\"},\"author\":{\"name\":\"Amy Roepke\",\"@id\":\"https:\/\/www.construction.com\/#\/schema\/person\/36bd01278d9ccdca5984486b4b361b97\"},\"headline\":\"John Deere Withdraws 2020 Financial Outlook\",\"datePublished\":\"2020-03-25T13:34:50+00:00\",\"dateModified\":\"2025-08-07T13:49:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\"},\"wordCount\":272,\"publisher\":{\"@id\":\"https:\/\/www.construction.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"articleSection\":[\"Reports\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\",\"url\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\",\"name\":\"John Deere Withdraws 2020 Financial Outlook | Dodge Construction Network\",\"isPartOf\":{\"@id\":\"https:\/\/www.construction.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"datePublished\":\"2020-03-25T13:34:50+00:00\",\"dateModified\":\"2025-08-07T13:49:27+00:00\",\"description\":\"Due to pandemic-related uncertainty, John Deere has withdrawn its 2020 financial outlook. Read the report on the impact to the equipment market.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage\",\"url\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"contentUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg\",\"width\":1280,\"height\":445,\"caption\":\"Construction PR Default Desktop Hero\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.construction.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"John Deere Withdraws 2020 Financial Outlook\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.construction.com\/#website\",\"url\":\"https:\/\/www.construction.com\/\",\"name\":\"Dodge Construction Network\",\"description\":\"Commercial Construction Project Intel\",\"publisher\":{\"@id\":\"https:\/\/www.construction.com\/#organization\"},\"alternateName\":\"Dodge Data & Analytics\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.construction.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.construction.com\/#organization\",\"name\":\"Dodge Construction Network\",\"alternateName\":\"Dodge Data & Analytics\",\"url\":\"https:\/\/www.construction.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.construction.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2025\/01\/DCN_Logo_Primary_TM.svg\",\"contentUrl\":\"https:\/\/www.construction.com\/wp-content\/uploads\/2025\/01\/DCN_Logo_Primary_TM.svg\",\"width\":\"1024\",\"height\":\"1024\",\"caption\":\"Dodge Construction Network\"},\"image\":{\"@id\":\"https:\/\/www.construction.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/DodgeData\",\"https:\/\/x.com\/DodgeData\",\"https:\/\/www.linkedin.com\/company\/dodge-construction-network\/\",\"https:\/\/www.youtube.com\/channel\/UCAt8500vlyDN4o94uvYHIoQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.construction.com\/#\/schema\/person\/36bd01278d9ccdca5984486b4b361b97\",\"name\":\"Amy Roepke\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.construction.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9462dfb223b570e4f0a987e44e9b17d8285584f5e3c866be6fd7796b083217a7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9462dfb223b570e4f0a987e44e9b17d8285584f5e3c866be6fd7796b083217a7?s=96&d=mm&r=g\",\"caption\":\"Amy Roepke\"},\"sameAs\":[\"http:\/\/www.construction.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"John Deere Withdraws 2020 Financial Outlook | Dodge Construction Network","description":"Due to pandemic-related uncertainty, John Deere has withdrawn its 2020 financial outlook. Read the report on the impact to the equipment market.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/","og_locale":"en_US","og_type":"article","og_title":"John Deere Withdraws 2020 Financial Outlook | Dodge Construction Network","og_description":"Due to pandemic-related uncertainty, John Deere has withdrawn its 2020 financial outlook. Read the report on the impact to the equipment market.","og_url":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/","og_site_name":"Dodge Construction Network","article_publisher":"https:\/\/www.facebook.com\/DodgeData","article_published_time":"2020-03-25T13:34:50+00:00","article_modified_time":"2025-08-07T13:49:27+00:00","og_image":[{"width":1280,"height":445,"url":"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg","type":"image\/jpeg"}],"author":"Amy Roepke","twitter_card":"summary_large_image","twitter_creator":"@DodgeData","twitter_site":"@DodgeData","twitter_misc":{"Written by":"Amy Roepke","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#article","isPartOf":{"@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/"},"author":{"name":"Amy Roepke","@id":"https:\/\/www.construction.com\/#\/schema\/person\/36bd01278d9ccdca5984486b4b361b97"},"headline":"John Deere Withdraws 2020 Financial Outlook","datePublished":"2020-03-25T13:34:50+00:00","dateModified":"2025-08-07T13:49:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/"},"wordCount":272,"publisher":{"@id":"https:\/\/www.construction.com\/#organization"},"image":{"@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage"},"thumbnailUrl":"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg","articleSection":["Reports"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/","url":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/","name":"John Deere Withdraws 2020 Financial Outlook | Dodge Construction Network","isPartOf":{"@id":"https:\/\/www.construction.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage"},"image":{"@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage"},"thumbnailUrl":"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg","datePublished":"2020-03-25T13:34:50+00:00","dateModified":"2025-08-07T13:49:27+00:00","description":"Due to pandemic-related uncertainty, John Deere has withdrawn its 2020 financial outlook. Read the report on the impact to the equipment market.","breadcrumb":{"@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#primaryimage","url":"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg","contentUrl":"https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg","width":1280,"height":445,"caption":"Construction PR Default Desktop Hero"},{"@type":"BreadcrumbList","@id":"https:\/\/www.construction.com\/reports\/john-deere-withdraws-2020-financial-outlook\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.construction.com\/"},{"@type":"ListItem","position":2,"name":"John Deere Withdraws 2020 Financial Outlook"}]},{"@type":"WebSite","@id":"https:\/\/www.construction.com\/#website","url":"https:\/\/www.construction.com\/","name":"Dodge Construction Network","description":"Commercial Construction Project Intel","publisher":{"@id":"https:\/\/www.construction.com\/#organization"},"alternateName":"Dodge Data & Analytics","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.construction.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.construction.com\/#organization","name":"Dodge Construction Network","alternateName":"Dodge Data & Analytics","url":"https:\/\/www.construction.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.construction.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.construction.com\/wp-content\/uploads\/2025\/01\/DCN_Logo_Primary_TM.svg","contentUrl":"https:\/\/www.construction.com\/wp-content\/uploads\/2025\/01\/DCN_Logo_Primary_TM.svg","width":"1024","height":"1024","caption":"Dodge Construction Network"},"image":{"@id":"https:\/\/www.construction.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/DodgeData","https:\/\/x.com\/DodgeData","https:\/\/www.linkedin.com\/company\/dodge-construction-network\/","https:\/\/www.youtube.com\/channel\/UCAt8500vlyDN4o94uvYHIoQ"]},{"@type":"Person","@id":"https:\/\/www.construction.com\/#\/schema\/person\/36bd01278d9ccdca5984486b4b361b97","name":"Amy Roepke","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.construction.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9462dfb223b570e4f0a987e44e9b17d8285584f5e3c866be6fd7796b083217a7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9462dfb223b570e4f0a987e44e9b17d8285584f5e3c866be6fd7796b083217a7?s=96&d=mm&r=g","caption":"Amy Roepke"},"sameAs":["http:\/\/www.construction.com"]}]}},"uagb_featured_image_src":{"full":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg",1280,445,false],"thumbnail":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero-150x150.jpg",150,150,true],"medium":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero-300x104.jpg",300,104,true],"large":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero-1024x356.jpg",1024,356,true],"gform-image-choice-sm":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg",300,104,false],"gform-image-choice-md":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg",400,139,false],"gform-image-choice-lg":["https:\/\/www.construction.com\/wp-content\/uploads\/2022\/07\/Construction_PR_Default_Desktop_Hero.jpg",600,209,false]},"uagb_author_info":{"display_name":"Amy Roepke","author_link":"https:\/\/www.construction.com\/author\/amy-roepke\/"},"uagb_comment_info":0,"uagb_excerpt":"John Deere Withdraws 2020 Financial Outlook Heavy-equipment producer Deere withdrew its 2020 financial guidance in response to the coronavirus outbreak, which has crippled large parts of the world economy. Heavy-equipment producer Deere (DE) – Get Free Report withdrew its 2020 financial guidance in response to the coronavirus outbreak, which has crippled large parts of the...","_links":{"self":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/posts\/2149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/comments?post=2149"}],"version-history":[{"count":0,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/posts\/2149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/media\/23698"}],"wp:attachment":[{"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/media?parent=2149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/categories?post=2149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.construction.com\/wp-json\/wp\/v2\/tags?post=2149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}