Deere & Co. (NYSE:DE) will report earnings before markets open on Wednesday, May 15th. Deere & Company manufactures and distributes a range of agricultural, construction and forestry, and commercial and consumer equipment. The Company supplies replacement parts for its own products and for those of other manufacturers. Deere also provides product and parts financing services.
Here is your Cheat Sheet to Deere & Earnings:
Earnings Expectations: Analysts expect earnings of $2.72 per share on revenues of $9.81 billion. Currently, the company’s P/E ratio stands at 11.55.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $2.19 and has not changed. For the current year, the average estimate is a profit of $8.59, which is better than the estimate ninety days ago.
Here’s how Deere & has been performing on an annual basis:
|Revenue ($) in millions||28,440||23,110||26,000||32,010||36,160|
|Diluted EPS ($)||4.70||2.06||4.35||6.63||7.63|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||6,766||10,010||9,590||9,792||7,421|
|Diluted EPS ($)||1.30||2.61||1.98||1.745||1.65|
Deere & has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)