Bartosiak: Trading Deere & Company's (DE) Earnings with Options

DE

On Friday, August 18th, Deere & Company (DE - Free Report) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Buy), and have a Value, Growth, and Momentum score of B.

Dave will look at Deere & Company’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Deere & Company ahead of earnings.

Deere & Comapany in Focus

Deere & Company is the one world's foremost producers of agricultural equipment as well as a leading manufacturer of construction, forestry, and commercial and consumer equipment. The company, in addition, provides credit, special technology, and managed health-care products and services. 

Deere & Company is expected to report earnings at $1.95 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 46.47%. They reported earnings at $2.49per share, beating their estimate of $1.70. They have an average earnings surprise of 70.41%.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>