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Sohini Mondal

Deere & Company Earnings Preview: What to Expect

DE Deere Company

With a market cap of $106.5 billion, Deere & Company (DE) is a leading manufacturer of agricultural, turf, construction, and forestry equipment, offering innovative technology solutions and financial services. Based in Moline, Illinois, the company is expected to release its fiscal Q3 earnings results before the market opens on Thursday, Aug. 15.

Ahead of this event, analysts project the agriculture equipment manufacturer to report a profit of $5.85 per share, down 42.7% from $10.20 per share in the year-ago quarter. However, the company has consistently surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. DE posted an EPS of $8.53 in Q2 2024, surpassing the consensus estimate by 8.5%.

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