Deere set to report Q3; eyes on inventories, farmer sentiment
Deere (DE) is set to report Q3 on Thursday, with Street expecting $4.55 EPS on $10.33 billion revenue. Focus is on dealer inventory levels and weak farmer sentiment, though hopes are rising on policy support and possible Fed rate cuts. Large equipment sales have slowed, but DE shares are up 20.5% YTD, with Stocktwits sentiment 'extremely bullish'.