Earnings Outlook For Deere
Portfolio Pulse from Benzinga Insights
Deere (NYSE:DE) is scheduled to release its quarterly earnings report on February 15, 2024, with analysts expecting an EPS of $5.19. Investors are hopeful for a beat on this estimate and positive guidance for future growth. Despite beating EPS estimates in the past four quarters, Deere's stock price has shown mixed reactions, with a general 5.07% decline over the last 52 weeks. The upcoming earnings report is crucial for investors, especially considering the stock's recent performance.
February 14, 2024 | 2:01 pm
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Deere is expected to announce its quarterly earnings with an anticipated EPS of $5.19. The company's past performance and the stock's recent 5.07% decline highlight the importance of this earnings report for investors.
Given Deere's history of beating EPS estimates but experiencing mixed stock price reactions, the short-term impact of the upcoming earnings report is uncertain. The anticipation of positive guidance could support the stock, but the recent downward trend and past price reactions suggest a cautious outlook.
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