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With a market cap of $124 billion, Deere & Company (DE) is the world's largest producer of agricultural equipment, known for its iconic John Deere brand with its green and yellow color scheme. Focused on revolutionizing agriculture through technology, it operates across four segments: Production and Precision Agriculture; Small Agriculture and Turf; Construction and Forestry; and Financial Services. The Moline, Illinois-based company is expected to release its fiscal Q1 2025 earnings results on Thursday, Feb. 20.
Ahead of this event, analysts project the agricultural equipment manufacturer to report a profit of $3.11 per share, reflecting a decrease of 50.1% from $6.23 per share in the year-ago quarter. However, the company holds a record of surpassing Wall Street's bottom-line estimates in the last four quarterly reports. In the most recent quarter, DE exceeded the consensus EPS estimate by a margin of nearly 17%.
For fiscal 2025, analysts forecast DE to report EPS of $19.34 per share, down 24.5% from 25.62 per share in fiscal 2024. Nevertheless, EPS is expected to grow 14.5% year-over-year to $22.15 in fiscal 2026.
Deere & Company has risen 20.3% over the past 52 weeks, underperforming the broader S&P 500 Index's ($SPX) 26.5% gain and the Industrial Select Sector SPDR Fund's (XLI) nearly 25% return over the same time frame.
Shares of Deere & Company climbed 8.1% on Nov. 21, driven by stronger-than-expected Q4 EPS of $4.55 and equipment operations sales of $9.3 billion. Despite a year-over-year decline in earnings and sales, the company's revenue performance in key segments such as Production & Precision Agriculture and Financial Services exceeded expectations. Investors were also encouraged by Deere’s ability to mitigate lower shipment volumes with pricing strategies and lower production expenses. The company’s fiscal 2024 EPS of $25.62 outpaced the consensus estimate, reinforcing confidence despite fiscal 2025 guidance reflecting anticipated declines.
Analysts' consensus view on Uber Technologies stock is moderately optimistic, with a "Moderate Buy" rating overall. Among 19 analysts covering the stock, nine suggest a "Strong Buy," two give a "Moderate Buy," and eight recommend a "Hold." This configuration is slightly less bullish than three months ago, with a 10 "Strong Buy" rating.
As of writing, DE is trading below the average analyst price target of $472.74.
