Agco (AGCO) came out with quarterly earnings of $2.53 per share, missing the Zacks Consensus Estimate of $2.88 per share. This compares to earnings of $4.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.15%. A quarter ago, it was expected that this farm equipment maker would post earnings of $2.29 per share when it actually produced earnings of $2.32, delivering a surprise of 1.31%.Over the last four quarters, the compan ...

NEWS RELEASE For Immediate Release Tuesday July 30, 2024 INVESTOR CONTACT: MEDIA CONTACT: VP, Investor Relations VP, Chief Communications Officer greg.peterson@agcocorp.com rachel.potts@agcocorp.com AGCO REPORTS SECOND-QUARTER RESULTS DULUTH, GA – July 30 – AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.2 billion for the second quarter ended June 30, 2024, a decrease of 15.1% compared to the seco ...

Net sales of $3.2 billion, down 15.1% year-over-year Reported earnings per share of $(4.92) and adjusted earnings per share(1) of $2.53 2024 sales and earnings outlook lowered in response to further softening market conditions Agreement to divest the Grain & Protein business announced on July 25, 2024 DULUTH, Ga., July 30, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $3.2 billi ...

Investment will enable the Company to strengthen its high-quality grain / seed processing and storage solutions and its protein production systems, all critical to large-scale agriculture NEW YORK, July 25, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), an industrials investor, announced it has acquired the Grain & Protein division (the "Company") of AGCO Corporation (NYSE: AGCO), one of the world's largest designers, manufacturers and distributors of agricultural machinery and precision agricul ...

DULUTH, Ga., July 25, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners ("AIP") in an all-cash transaction valued at $700 million, subject to working capital and other customary closing adjustments."The divestiture of Grain & Protein supports AGCO's strateg ...

The market expects Agco (AGCO) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 30, 2024, might help the stock move higher if these key numbers are better than ...

DULUTH, Ga., July 11, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on September 16, 2024, to all stockholders of record as of the close of business August 15, 2024.About AGCO: AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural machinery ...

DULUTH, Ga., July 10, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its second-quarter 2024 earnings release conference call is scheduled for Tuesday, July 30 at 10 a.m. ET. The company will refer to slides on its conference call. Interested persons can access the conference call and slide presentation via AGCO's website at www.agcocorp.com under the "Investors" Section.The webcast w ...

Tenured dealerships to provide comprehensive access and services for farmers to popular AGCO brands throughout the Buckeye State.AGCO announced the transformation of its dealership network in Ohio, which will see experienced dealers expand access to the manufacture's popular brands throughout the Buckeye State. Current Ohio dealers Lowe & Young, Mayer Farm Equipment and North Star Hardware & Implement will expand their services in current territories. AGCO-owned AgRevolution will enter the state with brick- ...

USA News Group CommentaryIssued on behalf of Bee Vectoring Technologies International Inc. VANCOUVER, BC, June 26, 2024 /PRNewswire/ -- USA News Group – Citizens of Portland were covered in smoke this week, after a 4-alarm grease fire destroyed the Shin Shin food factory. This incident followed another fire earlier in June that broke out at the Champlain Beef meat processing plant which is situated between the border of Upstate New York and Vermont, while another chicken factory in Illinois erupted in flame ...