Deere & Co. Rallies Ahead Of Q4 Report

Deere & Co. DE shares are trading higher by $1.52 at $76.13 in Tuesday's session. The company will announce Q4 results ahead of Wednesday's opening bell. The Street will be looking for EPS of $0.75 on revenues of $6.17B. Off the open, it found just above an area where it had a series of four lows ($73.46-$73.75 from November 16-19, reaching $73.80. The ensuing rally reached $76.72 before falling back to its current level. The current high is just a nickel above its November 11 high of $76.67. Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.

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