Earnings Forecast Research on Deere & Company (DE)

Deere & Company has received $0.51 as the consensus Earnings Estimate for the Quarter ending on Jan 2017 ,According to the estimate provided by 10 Financial Advisor in the Stock Trading Firms. Among 10 Analysts, Bottom line EPS Estimate for the current quarter is $0.35 while the top line estimate is $0.63 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -35.88%.

Deere & Company reported better than expected with a surprise EPS of 150% or $0.54 during its most recent quarterly earnings. The Actual EPS was $0.9 compared to the Estimated EPS of $0.36. Moline based Deere & Company Last reported the Quarter results on Oct 31, 2016 and the Next earnings date is scheduled to be released on Feb 17, 2017.

Deere & Company has a Price to Earnings ratio of 22.26 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 5.15. For the Most Recent Fiscal Year, Deere & Company has a price to cash ratio of 10.92. For the Trailing twelve month period, company showed a Net Profit Margin of 5.72% and Return on Equity of the stock is 21.97%.

In the last quarter, Deere & Company reported Annual Earnings of $0.9. Based on the filings, last years Annual Earnings was, $4.81. In the last Quarter, DE reported a surprise Earnings per Share of 150% . The consensus estimate for current quarter is $0.51 and for the current fiscal year, the estimate is $4.4. For the Next fiscal year, the estimate is $5.25 based on the consensus.

Deere & Company (NYSE:DE) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.01% at $107.05 with 1,645,836 shares getting traded. Post opening the session at $106.31, the shares hit an intraday low of $105.64 and an intraday high of $107.15 and the price was in this range throughout the day. The company has a market cap of $34,101 million and the number of outstanding shares has been calculated to be 318,550,480 shares. The 52-week high of Deere & Company (NYSE:DE) is $108.47 and the 52-week low is $72.86.

Deere & Company is the one worlds 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. (Company Press Release)


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