Equity Profile

DE

Deere & Company

IndustrialsAgricultural & Farm Machinery$157.5B

Aug20Thu

Pre-Earnings Brief

UpcomingQ3-2026Pre-Market9:00 AM EDT

Company Snapshot

Deere & Company (DE) is a leading manufacturer of agricultural and farm machinery, playing a crucial role in the industrial sector. As farmers and agricultural businesses increasingly adopt advanced technology for efficiency, Deere's innovations are vital for meeting global food demands.

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market share, essential for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DE Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+10.05%

Avg Stock Reaction

+1.23%

Last Quarter Recap

In Q2-2026, Deere reported an EPS of $6.55, surpassing estimates by 12.74%. However, the stock declined by 5.19% the following day, indicating mixed investor sentiment despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Deere's upcoming earnings are cautious, given the mixed results in previous quarters and the lack of analyst estimates.

Bull Case

If Deere continues to demonstrate strong earnings growth and manages to expand its market share, it could lead to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of declining demand in agricultural machinery, it could negatively impact the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q3-2026?

EPS is a critical metric that investors use to gauge the company's profitability and performance, and any significant change could impact stock sentiment.

How is Deere addressing supply chain challenges?

Given the ongoing global supply chain issues, insights into how Deere is managing these challenges will be crucial for understanding future revenue and growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Deere's ability to navigate supply chain issues, which could lead to better-than-expected EPS results.

Supporting Evidence

Deere's historical EPS beat rate is 75%, indicating strong performance potential.

The options market is pricing a larger move than historical averages, suggesting heightened investor uncertainty.

Recent insider buying activity could signal confidence in the company's future performance.

Key Risk

If Deere's EPS exceeds $7.00, it would challenge the current cautious sentiment in the market.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on whether Deere can maintain its profitability amid economic challenges and supply chain constraints.

Bull Confirmed If

An EPS of $7.00 or higher would confirm strong demand and effective cost management.

Bear Confirmed If

An EPS below $5.50 would signal potential weaknesses in demand or rising costs.

Pre-Earnings Positioning

Options Market

Implied Move

±13.86%

Historical Avg

±6.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings announcement.

Options are pricing ±13.9% while DE has averaged ±6.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

33.1%

Calls (239K)P/C Ratio: 0.70Puts (125K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Deere beats expectations, history suggests a potential stock increase of around 3.72%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may see muted reactions as investors await further guidance.

Miss

A miss could lead to a decline of approximately 6.22%, reflecting disappointment in the company's performance.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House + Senate

Est. Notional

$16,002.00–$65,000.00

disclosed dollar ranges

Most Active Members

R-OKMarkwayne MullinSen.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on supply chain management and its impact on production.
2Any guidance on future revenue growth and market demand.
3Details on cost management strategies and their effectiveness.
4Insights into new product launches or technological advancements.
5Management's outlook on the agricultural market and economic conditions.

See the full picture

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Company Snapshot

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health, which investors closely monitor.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market share, essential for long-term success.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

DE Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+10.05%

Avg Stock Reaction

+1.23%

Last Quarter Recap

In Q2-2026, Deere reported an EPS of $6.55, surpassing estimates by 12.74%. However, the stock declined by 5.19% the following day, indicating mixed investor sentiment despite the earnings beat.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Deere's upcoming earnings are cautious, given the mixed results in previous quarters and the lack of analyst estimates.

Bull Case

If Deere continues to demonstrate strong earnings growth and manages to expand its market share, it could lead to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of declining demand in agricultural machinery, it could negatively impact the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS for Q3-2026?

EPS is a critical metric that investors use to gauge the company's profitability and performance, and any significant change could impact stock sentiment.

How is Deere addressing supply chain challenges?

Given the ongoing global supply chain issues, insights into how Deere is managing these challenges will be crucial for understanding future revenue and growth potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Deere's ability to navigate supply chain issues, which could lead to better-than-expected EPS results.

Supporting Evidence

Deere's historical EPS beat rate is 75%, indicating strong performance potential.

The options market is pricing a larger move than historical averages, suggesting heightened investor uncertainty.

Recent insider buying activity could signal confidence in the company's future performance.

Key Risk

If Deere's EPS exceeds $7.00, it would challenge the current cautious sentiment in the market.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance will hinge on whether Deere can maintain its profitability amid economic challenges and supply chain constraints.

Bull Confirmed If

An EPS of $7.00 or higher would confirm strong demand and effective cost management.

Bear Confirmed If

An EPS below $5.50 would signal potential weaknesses in demand or rising costs.

Pre-Earnings Positioning

Options Market

Implied Move

±13.86%

Historical Avg

±6.2%

Pricing rich

The options market is pricing in a significant move, suggesting that investors anticipate volatility around the earnings announcement.

Options are pricing ±13.9% while DE has averaged ±6.2% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

33.1%

Calls (239K)P/C Ratio: 0.70Puts (125K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Deere beats expectations, history suggests a potential stock increase of around 3.72%, confirming strong operational performance.

In-Line / Cautious

If results are in line with expectations, the stock may see muted reactions as investors await further guidance.

Miss

A miss could lead to a decline of approximately 6.22%, reflecting disappointment in the company's performance.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·1 sell

Members

House + Senate

Est. Notional

$16,002.00–$65,000.00

disclosed dollar ranges

Most Active Members

R-OKMarkwayne MullinSen.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Updates on supply chain management and its impact on production.
2Any guidance on future revenue growth and market demand.
3Details on cost management strategies and their effectiveness.
4Insights into new product launches or technological advancements.
5Management's outlook on the agricultural market and economic conditions.