Deere & Company Prepares for Quarterly Earnings Release Amidst Declining Demand
Deere & Company is set to announce its fourth-quarter fiscal 2024 earnings, with analysts anticipating an EPS of 3.89 and revenue of 9.37 billion. Recent estimates indicate a decrease from prior expectations, with key metrics revealing a P/E ratio of 13.35 and debt-to-equity of 2.85. Despite historical success in beating earnings forecasts, current trends could challenge expectations this quarter. Investors need to stay alert as the sector experiences reduced demand and changing market conditions.
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