Deere & Company (DE) is scheduled to report first-quarter fiscal 2024 results on Feb 15, before the opening bell.Which Way Are Estimates Trending?The Zacks Consensus Estimate for Deere’s earnings per share is pegged at $5.16 for the fiscal first quarter, suggesting a decline of 21.2% from the year-ago reported figure. The Zacks Consensus Estimate for total revenues is pinned at $10.3 billion, indicating a year-over-year decrease of 9.8%.Q4 ResultsDeere’s sales and earnings surpassed the Zacks Consensus Esti ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Deere (DE) .Deere currently has an average brokerage recommendation (ABR) ...

In the latest trading session, Deere (DE) closed at $385.83, marking a -0.03% move from the previous day. This change lagged the S&P 500's 0.06% gain on the day. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.The the stock of agricultural equipment manufacturer has fallen by 1.97% in the past month, lagging the Industrial Products sector's gain of 4.91% and the S&P 500's gain of 6.45%.The upcoming earnings release of Deere will be of great interest to investors. The company's ...

SpaceX Starlink is a success.Going from a concept in 2015 to beta service in 2021, SpaceX's plan to build a network of fast internet communications satellites has grown from 0 to 10,000 to 2.2 million active users (according to a December 2023 SpaceX filing with the FCC). Across several business lines, the company now offers globe-spanning satellite internet service to homeowners (Starlink Residential), businesses (Starlink Business), airline customers (Starlink Aviation), cruise customers (Starlink Maritim ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Deere (DE) , which belongs to the Zacks Manufacturing - Farm Equipment industry.This agricultural equipment manufacturer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 17.79%.For the last reported quarter, Deere came out with earn ...

In the latest trading session, Deere (DE) closed at $393.68, marking a +0.03% move from the previous day. The stock lagged the S&P 500's daily gain of 1.25%. At the same time, the Dow added 0.97%, and the tech-heavy Nasdaq gained 1.3%.The agricultural equipment manufacturer's shares have seen an increase of 0.06% over the last month, surpassing the Industrial Products sector's loss of 2.19% and falling behind the S&P 500's gain of 1.58%.The investment community will be closely monitoring the performance of ...

tanyss/iStock Editorial via Getty Images Introduction In times of economic uncertainties, the industrial sector often presents a mix of challenges and opportunities due to its cyclicality. Investors tend to gravitate towards companies with stable performance and lower sensitivity to economic cycles, especially when market volatility is high. This cautious approach often overlooks some sectors but highlights companies that stand out due to their resilience and strong fundamentals. A leading example in th ...

Deere (DE) closed the most recent trading day at $393.62, moving +0.16% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.07%. At the same time, the Dow added 0.16%, and the tech-heavy Nasdaq lost 0.36%.Shares of the agricultural equipment manufacturer witnessed a loss of 1.57% over the previous month, trailing the performance of the Industrial Products sector with its loss of 0.09% and the S&P 500's gain of 3.05%.Investors will be eagerly watching for ...

Companies demonstrate John Deere commitment to customers' future needs. MOLINE, Ill., Jan. 24, 2024 /PRNewswire/ -- Deere & Company (NYSE: DE) announced the names of six companies chosen for its 2024 Startup Collaborator program. The John Deere Startup Collaborator program was launched in 2019 to enhance and deepen the company's interaction with startup companies whose technology could add value for ag and construction customers. "The startup program is mutually beneficial for John Deere and the startup com ...

Dividend stocks are a great way for investors to diversify their investment portfolios. After all, you do not have to approach investing with only a growth-focused mindset. Millions of income-oriented investors can achieve the financial success they’re looking for. As we navigate exciting and challenging economic times, a steady income stream through dividends becomes more appealing. Having multiple income streams during periods of high inflation can help safeguard the rising cost of living. These compellin ...