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The Best Options Trade for Deere & Co. (DE) Earnings

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On Wednesday, November 23rd, Deere & Co. (DE - Free Report) will release its third quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.

Dave will look at Deere & Co.’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 & Co. ahead of earnings.

Deere & Co. 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 & Co. is expected to report earnings at $0.36 a share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 63.16% at $1.55 per share, beating estimates by $0.60 a share. They have an average earnings surprise of 32.16%.

DEERE & CO Price, Consensus and EPS Surprise

DEERE & CO Price, Consensus and EPS Surprise | DEERE & CO Quote

(Insert Price, Consensus, and EPS Chart)

Bottom Line

How should investors play Deere & Co. ahead of their earnings report? For insights on the best options trades, then tune in at 1:30pm CST this afternoon to see David’s thoughts.

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