Deere Stock Runs After Earnings

Nothing runs like John Deere stock. The farm-equipment manufacturer reported fiscal first-quarter earnings Friday, and shares are rallying. Here’s what to know. + Revenue soared 32% from a year ago to $12.65 billion, easily topping analyst forecasts. + Earnings of $6.55 per share also handily beat estimates. + Deere raised its full-year outlook. It said Friday that it now expects to turn a profit of between $8.75 billion and $9.25 billion for fiscal 2023, which ends in November, + Deere stock is