StockNews.AI
DE
Benzinga
96 days

Deere Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Deere expects Q2 earnings at $5.64, down from $8.53 last year. 2. Projected revenues are $10.79 billion, decreased from $13.61 billion. 3. Q1 sales saw a 30% decline year-over-year, at $8.51 billion. 4. Analysts reflect mixed ratings; some downgrade targets after earnings reports. 5. Shares dipped 0.2% to close at $497.50 on the previous trading day.

4m saved
Insight
Article

FAQ

Why Bearish?

Expectations of declining earnings and revenue impact investor sentiment negatively. Historical precedent shows similar earnings drops have led to stock price decreases.

How important is it?

Earnings results directly influence stock price and investor confidence in DE.

Why Short Term?

Immediate earnings reports will affect short-term trading. Long-term trends depend on broader market conditions and recovery strategies.

Related Companies

Related News