Deere (DE) to Report Q2 Earnings: What's in the Offing?

TGT DE COST INTU

Deere & Company (DE - Free Report) is scheduled to report second-quarter fiscal 2019 results on May 17, before the opening bell.

 

Past Performance

In the last reported quarter, Deere reported earnings of $1.54 per share, which missed the Zacks Consensus Estimate by around 14%. Notably, the company has missed the Zacks Consensus Estimate in the trailing four quarters.  Deere has an average negative earnings surprise of 8.10% over the trailing four quarters.

Deere & Company Price and EPS Surprise

 

 

Deere’s shares have declined 0.3% over the past year against the industry’s growth of 5%.  

 

Other Stocks Worth a Look

 

Here are some other stocks worth considering as these too have the right combination of elements to post an earnings beat this quarter.

 

Target Corporation (TGT - Free Report) has an Earnings ESP of +0.42% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

 

Intuit Inc. (INTU - Free Report) has an Earnings ESP of +0.59% and a Zacks Rank #2.

 

Costco Wholesale Corporation (COST - Free Report) has an Earnings ESP of +1.83% and a Zacks Rank #3.

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