DE braces for Q2 results, with earnings expected to fall 12.5% y/y despite higher revenues, as weak farm spending and rising costs weigh on the outlook.
Besides Wall Street's top-and-bottom-line estimates for Deere (DE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2026.
The company agreed recently to pay $99 million in a ‘right-to-repair' lawsuit with farmers.
Deere (DE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Caterpillar outperformed Deere over the past year, driven by AI-related power generator demand and manufacturing reshoring tailwinds. I have maintained a neutral rating on Deere, as its returns have largely tracked the broader market without clear outperformance. Upcoming Deere earnings are a key catalyst; I will reassess my rating based on reported results and forward outlook.
Deere (DE) closed at $581.18 in the latest trading session, marking a -1.36% move from the prior day.
Zacks.com users have recently been watching Deere (DE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the closing of the recent trading day, Deere (DE) stood at $580.54, denoting a -1.88% move from the preceding trading day.
Deere is positioned for a strong fiscal Q2 earnings beat, driven by easy compares and street underestimating leverage. Despite global agricultural market pressures, signs of bottoming and inventory flushes suggest a supportive fiscal 2027 backdrop for DE. Guidance implies 3.3% topline growth, but I model 6% for Q2 and $6.91 EPS versus the street at $5.71, with potential for positive revisions.
Deere (DE) closed at $579.68 in the latest trading session, marking a -1.73% move from the prior day.
Deere (DE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In theory, inflation should self-correct. That is when the price of goods and services get too high; sales drop off to a point where the supply-demand cycle gets back in balance.