Deere & Company (NYSE: DE), one of the larger heavy equipment companies, will release its quarterly earnings report on Wednesday morning. Analysts speculate whether this farming and lawn equipment giant can make the cut despite the rocky year it has had so far.

According to Thomson Reuters, consensus analyst estimates for earnings per share is $2.20, which — if hit — would represent a decrease from the previous year’s quarter earnings per share of $2.56. Revenue for the quarter is projected to be $8.75 billion, which would represent a 6.1% drop from the previous year’s quarter revenue of $9.32 billion.

Deere earned $2.65 per share in the previous quarter, beating the $2.48 earnings per share estimate, but this did little to slow the steady fall of Deere’s shares. Perhaps the projected 7% decline in sales after a prior decline of 6% was the culprit then, but the global growth story that would support Deere and its peers has been very choppy.

Deere’s 52-week range is $80.76 to $94.89. It has consistently stayed below the $90 mark for a majority of the year. The consensus target price from analysts is $89.00.

The 200-day moving average had consistently supported the stock over this quarter until the end of July where it broke support and has remained above Deere. The 50-day moving average has restricted growth over the past quarter and every time Deere has tested this restriction it has fallen back under.

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