{"symbol":"DE","fiscalQuarter":"Q2-2026","reportDate":"2026-05-21","reportTime":"BMO","status":"reported","company":{"name":"Deere & Company","sector":"Industrials","industry":"Agricultural & Farm Machinery"},"tier":"free","webUrl":"https://earningsnxt.ai/ticker/DE/earnings/Q2-2026","estimates":{"consensusEps":5.7118,"consensusRevenue":11496.65,"epsLow":5.33,"epsHigh":6.2,"whisperEps":null,"numAnalysts":null},"preBrief":{"companySnapshot":"Deere & Company (DE) is a leading manufacturer of agricultural and farm machinery, playing a crucial role in the industrial sector. With a market cap of $152 billion, the company is significant in supporting global food production and agricultural efficiency.","keyMetrics":[{"name":"EPS","why":"Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.","consensus":"$5.71"},{"name":"Revenue","why":"Revenue figures will provide insight into overall sales performance and demand for Deere's products in the agricultural market.","consensus":"$11.5B"}],"lastQuarterRecap":{"summary":"In Q1-2026, Deere reported an EPS of $2.42, exceeding expectations by 26.17%. The stock reacted positively, rising 11.58% the following day.","promises":[]},"wallStreetExpectations":{"summary":"Analysts expect Deere to report solid earnings, with a consensus EPS of $5.71. The outlook remains optimistic due to strong agricultural demand.","bullCase":"If Deere beats EPS estimates, it could signal robust demand and effective cost management, potentially driving the stock higher.","bearCase":"Conversely, if earnings fall short, it may raise concerns about slowing demand in the agricultural sector, leading to a negative stock reaction."},"optionsSignal":{"impliedMove":"5.77%","context":"The options market is pricing in a move of about 5.77%, suggesting that traders expect some volatility around the earnings report."},"earningsTrackRecord":[{"quarter":"Q1-2026","epsSurprise":"+26.17%","reaction":"+11.58%"},{"quarter":"Q4-2025","epsSurprise":"-0.63%","reaction":"-5.67%"},{"quarter":"Q3-2025","epsSurprise":"-1.80%","reaction":"-6.76%"},{"quarter":"Q2-2025","epsSurprise":"+16.86%","reaction":"+3.78%"},{"quarter":"Q1-2025","epsSurprise":"+1.79%","reaction":"-2.17%"}],"pivotalQuestions":[{"question":"Will Deere's EPS exceed the consensus estimate of $5.71?","whyItMatters":"A beat on EPS could indicate strong operational performance and boost investor confidence."},{"question":"What insights can management provide about revenue growth in the agricultural sector?","whyItMatters":"Understanding revenue trends will help gauge demand and market conditions, which are critical for future performance."}],"thesisBreakLevels":{"bullTrigger":"An EPS of $6.00 or higher would confirm strong demand and operational efficiency.","bearTrigger":"An EPS below $5.33 would raise concerns about demand and cost management.","context":"The market is debating whether Deere can maintain its growth trajectory amid fluctuating agricultural demand."},"scenarioPlaybook":{"beatAndRaise":"If Deere beats expectations, history suggests a potential stock increase of around 3.79%, confirming strong demand.","inLineCautious":"A cautious in-line report may lead to muted reactions as investors await further clarity on future growth.","miss":"If earnings miss, the stock could drop by about 6.22%, reflecting concerns over demand and profitability."},"peerReadThroughs":[],"setupPatternInsight":{"pattern":"Prior-quarter beat + options rich in Industrials","sampleSize":30,"fadeRate":"8 of 26 (31%)","insight":"This setup has occurred 30 times across Industrials in the last 2 years. 18 of 26 (69%) held or extended their move within 5 days \u2014 this setup typically holds direction. The average absolute 1-day move is 6.5%, with a raw directional average of +2.3% (modestly positive historical bias)."},"whatTheStreetIsMissing":{"thesis":"The consensus may underestimate Deere's ability to capitalize on strong agricultural demand, especially given recent performance trends.","supportingPoints":["Deere has a history of beating EPS estimates, with a 75% success rate in the last 8 quarters.","The options market is pricing in a 5.77% move, which aligns with historical volatility, suggesting the potential for a larger reaction.","Recent agricultural trends indicate a growing demand for machinery, which may not be fully reflected in analyst estimates."],"riskToConsensus":"If revenue growth significantly exceeds expectations, it could challenge the current bearish sentiment."},"whatToListenFor":["Any commentary on agricultural demand trends and how they might impact future sales.","Insights into cost management strategies and their effectiveness in maintaining margins.","Updates on new product launches and their reception in the market.","Management's outlook on global supply chain challenges and their impact on production.","Any guidance on future earnings expectations and market conditions."],"metaDescription":"Deere & Company (DE) reports Q2 2026 earnings on May 21. Analysts expect $5.71 EPS on $11.5B revenue. Here's what to watch."},"postBrief":{"headline":"Deere & Company Beats on EPS, Stock Up 0.0%","keyNumbers":[{"metric":"EPS","actual":"$6.55","expected":"$5.71","surprise":"+12.74%"},{"metric":"Revenue","actual":"\u2014","expected":"$11.5B","surprise":"\u2014"}],"managementCommentary":{"tone":"Unknown","keyQuotes":[],"summary":"No transcript is on record, and the analysis is based on numerical results only."},"guidanceChanges":{"summary":"No guidance data is available.","changes":[]},"whatItMeans":"Deere & Company reported better-than-expected earnings per share, which indicates strong profitability. However, the stock reaction remained flat, suggesting that investors may have already priced in these results or are awaiting further information. The lack of revenue data and guidance may have contributed to the muted stock performance.","metaDescription":"Deere & Company (DE) Q2 2026 earnings: EPS beat by 12.74%, revenue data not available. Stock up 0.0%. Full breakdown."}}