Deere Q3 Earnings Preview: 'Tariff Concerns Remain A Cloud Over' Stock
Farm equipment maker Deere & Company (NYSE: DE) could provide a deeper look at the impact of tariffs and a record-high agricultural trade deficit in the United States, which is affecting the sector, when the company reports its third-quarter financial results on Thursday before the market opens.Here are the analyst estimates and key items to watch.Earnings Estimates: Analysts expect Deere & Company to report third-quarter revenue of $10.31 billion, down from $13.15 billion in last year's third quarter, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in more than 10 straight quarters.Analysts expect the company to report third-quarter earnings per share of $4.63, down from $6.29 in last year's third quarter.The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.Read Also: How To Earn $500 A Month From ...Full story available on Benzinga.com
