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Benzinga
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How To Earn $500 A Month From Deere Stock Ahead Of Q3 Earnings

1. Deere to report Q3 earnings on Aug 14; earnings forecast down significantly. 2. Expected earnings of $4.59 per share, a drop from $6.29 last year. 3. Projected quarterly revenue at $10.33 billion, lower than last year's $11.39 billion. 4. Current dividend yield stands at 1.28%, with strategies for monthly income outlined. 5. Oppenheimer analyst maintains Outperform rating, increases price target to $560.

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FAQ

Why Bearish?

The decrease in projected earnings and revenue could disappoint investors, similar to prior earnings misses.

How important is it?

The company's earnings forecast drop may influence both investor perception and market actions.

Why Short Term?

Upcoming earnings report may lead to immediate stock price volatility based on results.

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