Deere's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Deere (NYSE:DE) is set to release its latest quarterly earnings report on August 18, 2023. Analysts estimate an earnings per share (EPS) of $8.20. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $423.94, up 14.36% over the last 52-week period.
August 17, 2023 | 2:00 pm
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NEUTRAL IMPACT
Deere's upcoming earnings report could impact its stock price. The company's past earnings have shown a mixed effect on the share price. The stock is currently up 14.36% over the last 52 weeks.
The upcoming earnings report is a significant event for Deere. While past earnings have shown a mixed impact on the stock price, the overall positive performance of the stock over the last year indicates investor confidence. However, the actual impact will depend on whether the company meets or exceeds the estimated EPS and the guidance it provides for the next quarter.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100