Did Expectations of Weaker EPS Amid Rising Sales Just Shift Deere's (DE) Investment Narrative?
Deere's shares recently underperformed the market due to expectations of a significant year-over-year earnings-per-share decline, even as revenue is projected to grow. This situation has intensified scrutiny on the company's ability to convert increased sales into profit. Despite the near-term margin pressure, Deere's long-term investment thesis, centered on precision agriculture and automation, remains intact, although investors will be closely monitoring how rising sales translate to the bottom line amidst market volatility.
https://simplywall.st/stocks/us/capital-goods/nyse-de/deere/news/did-expectations-of-weaker-eps-amid-rising-sales-just-shift