Over 2 Years Ago
1 Min Read
What to expect when you're expecting DE's upcoming earnings report:
Deere & Company (DE) is reporting earnings next week. Lets focus in on how the stock is performing.
Analyst opinions suggest Deere & Company will report an EPS (earnings per share) of $6.68, GAAP Estimate of $6.69, on revenue estimated to be $12.84B. Over the last 90 days, analysts have lowered 16 estimates times and raised them 3 times.
Bulls will want to hear that the company beat the analysts' estimates and that the beat is on unexpectedly higher revenues. They'll also want the company to paint a picture that leads analysts to conclude this is just the start of an robust growth story that will play out in the following quarters.
There are two primary things that DE bears will be concerned with. The first is that the reported EPS underperformed the estimates of analysts. Stocks respond unfavorably to that news. The second is that the report outlines a negative growth story for the stock in the coming quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Shares of DE were trading at $352.36 as of August 11. Over the last 52-weeks, shares are down -20.84%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
Analyst opinions suggest Deere & Company will report an EPS (earnings per share) of $6.68, GAAP Estimate of $6.69, on revenue estimated to be $12.84B. Over the last 90 days, analysts have lowered 16 estimates times and raised them 3 times.
Bulls will want to hear that the company beat the analysts' estimates and that the beat is on unexpectedly higher revenues. They'll also want the company to paint a picture that leads analysts to conclude this is just the start of an robust growth story that will play out in the following quarters.
There are two primary things that DE bears will be concerned with. The first is that the reported EPS underperformed the estimates of analysts. Stocks respond unfavorably to that news. The second is that the report outlines a negative growth story for the stock in the coming quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates changing from the Q&A call with management, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Shares of DE were trading at $352.36 as of August 11. Over the last 52-weeks, shares are down -20.84%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
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