Deere & Company DE announces its next round of earnings this Wednesday, Nov. 21. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Analysts covering Deere & Company modeled for quarterly EPS of $2.45 on revenue of $8.58 billion.
In the same quarter last year, Deere & Company announced EPS of $1.57 on revenue of $7.09 billion. If the company were to match the consensus estimate, earnings would be up 56.05 percent. Sales would be up 20.95 percent from the same quarter last year. Here's how the Deere & Company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 2.75 | 3.29 | 1.19 | 1.45 |
| EPS Actual | 2.59 | 3.14 | 1.31 | 1.57 |
Stock Performance
Over the last 52-week period, shares are up 5.01 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Deere & Company stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Deere & Company's Q4 conference call is scheduled to begin at 10:00 a.m. ET and can be accessed here: http://event.on24.com/wcc/r/1874094-1/C645880DFFE50DE99CB5E62F10B25C56
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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