Agricultural and construction machinery company Deere (NYSE:DE) will be reporting results tomorrow morning. Here’s what to expect.

Deere missed analysts’ revenue expectations by 13.2% last quarter, reporting revenues of $9.28 billion, down 32.8% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ EBITDA estimates.

Is Deere a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Deere’s revenue to decline 12.8% year on year to $9.15 billion, a further deceleration from the 8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.26 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings.

Looking at Deere’s peers in the heavy machinery segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Lindsay delivered year-on-year revenue growth of 3.1%, meeting analysts’ expectations, and AGCO reported a revenue decline of 24%, falling short of estimates by 8.5%. Lindsay traded up 4.9% following the results while AGCO was down 3.3%.

Read our full analysis of Lindsay’s results here and AGCO’s results here.

Investors in the heavy machinery segment have had steady hands going into earnings, with share prices flat over the last month. Deere is up 9.8% during the same time and is heading into earnings with an average analyst price target of $474.43 (compared to the current share price of $474.30).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.