Industrials·Agricultural & Farm Machinery·$152.0B
Deere & Co (DE) is a leading manufacturer of agricultural and farm machinery, providing essential equipment for farmers and agricultural businesses. With a market cap of $160 billion, the company plays a crucial role in the industrial sector, especially as global demand for food production continues to rise.
EPS
Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.
Revenue
Total revenue reflects the company's sales performance and demand for its products, which is vital for assessing growth.
Wall Street expectations, options signals, track record, and call prep available with Pro.
EPS Beat Streak
1Q
EPS Beat Rate
75%
Avg EPS Surprise
+9.53%
Avg Stock Reaction
+1.29%
In Q1 2026, Deere reported an EPS of $2.42, significantly beating expectations by 26.17%. The company did not provide revenue figures, but the strong EPS surprise indicates robust performance.
Management Promises & Guidance
Analysts expect Deere to report solid earnings, with a consensus EPS of $5.71 and revenue of $11.5 billion. Investors are keen to see if the company can maintain its momentum from the previous quarter.
Bull Case
If Deere can exceed EPS expectations and show strong revenue growth, it could signal continued demand for agricultural machinery amid rising global food production needs.
Bear Case
Conversely, if the company fails to meet expectations or provides weak guidance, it may raise concerns about slowing demand in the agricultural sector.
EPS
$5.71Earnings per share is a key indicator of profitability and will show how well the company is managing costs and generating income.
Revenue
$11.5BTotal revenue reflects the company's sales performance and demand for its products, which is vital for assessing growth.
The print will turn on these two things.
Q1
Will EPS exceed the consensus estimate of $5.71?
A strong EPS could indicate effective cost management and robust demand, positively influencing investor sentiment.
Q2
What are the revenue figures compared to the expected $11.5 billion?
Revenue performance is critical for assessing overall sales health and future growth prospects in the agricultural machinery market.
Why consensus could be wrong
The consensus may underestimate Deere's ability to capitalize on rising global food demand, especially given its recent strong EPS performance.
Supporting Evidence
The last quarter's EPS surprise of 26.17% indicates strong operational performance.
Historical trends show that Deere often exceeds expectations during periods of high agricultural demand.
Key Risk
If revenue falls significantly below $11.2 billion, it could challenge the optimistic growth narrative.
Pre-commit to what would confirm each case.
The market is debating whether Deere can sustain its growth trajectory in a potentially slowing agricultural sector.
Bull Confirmed If
An EPS of $6.00 or higher would confirm strong demand and effective cost management.
Bear Confirmed If
An EPS below $5.33 would raise concerns about demand and profitability.
Implied Move
±5%
Historical Avg
±6.1%
The options market is pricing in a potential move of 5% in either direction following the earnings report, indicating uncertainty among investors.
Options are pricing ±5.0% while DE has averaged ±6.1% over the last 8 prints — setup is pricing cheap.
Likely market behavior by outcome — not investment advice.
Beat & Raise
If Deere beats expectations, history suggests a potential average 1-day move of +0.28%, confirming strong demand and operational efficiency.
In-Line / Cautious
An in-line report may lead to muted reactions, with management's commentary being crucial for future guidance.
Miss
If the company misses expectations, history suggests a potential average 1-day move of -0.63%, likely causing investor concern about demand.
AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.
No charge today · Auto-bills $8/mo after 7 days · Cancel anytime
VIKING HLDGS LTD
May 19, 2026