Deere Earnings Are Coming. The Stock Needs a Beat.

Agricultural machinery giant


Deere


reports its fiscal first-quarter earnings Friday morning. Investors could really use a “beat-and-raise” quarter from the company.

Deere


stock (ticker: DE) outperformed the


S&P 500


in 2022, rising 27% while the index dropped 18%. But shares are down 5% so far this year while the S&P is up 7%. A beat might help close that performance gap.