DULUTH, Ga.--(BUSINESS WIRE)--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will exhibit a wide array of farmer-focused precision ag solutions at the National Farm Equipment Show on February 14-17 in Louisville, Kentucky. The display will be highlighted by the Louisville debut of two new AE50 Award winners, the Fendt® 200 Vario® Series tractor and the Massey Ferguson® R Series sprayer, as well as the new 30- ...

AGCO Corp. (AGCO) delivered an adjusted EPS of $3.78 in fourth-quarter 2023 compared with the prior-year quarter’s $4.47 per share. The reported figure missed the Zacks Consensus Estimate of $4.03.Including one-time items, AGCO posted an EPS of $4.53 compared with the year-ago quarter’s $4.29.Revenues decreased 2.5% year over year to $3.8 billion in the December-end quarter. The top line missed the Zacks Consensus Estimate of $4.06 billion. Excluding the favorable currency-translation impacts of 1.8%, net s ...

DULUTH, Ga.--(BUSINESS WIRE)--AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture, and distribution of agricultural machinery and precision ag technology, will host an expansive exhibit at the 2024 World Ag Expo in Tulare, California, on February 13-15. Headlining AGCO’s exhibit will be the North American debut of the Massey Ferguson® 3 Series Specialty tractors and a full lineup of Fendt® tractors sporting the brand’s cutting-edge technology and design. “We’re looking forward to an ...

Agco (AGCO) reported $3.8 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.5%. EPS of $3.78 for the same period compares to $4.47 a year ago.The reported revenue represents a surprise of -6.37% over the Zacks Consensus Estimate of $4.06 billion. With the consensus EPS estimate being $4.03, the EPS surprise was -6.20%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...

Agco (AGCO) came out with quarterly earnings of $3.78 per share, missing the Zacks Consensus Estimate of $4.03 per share. This compares to earnings of $4.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.20%. A quarter ago, it was expected that this farm equipment maker would post earnings of $3.27 per share when it actually produced earnings of $3.97, delivering a surprise of 21.41%.Over the last four quarters, the compan ...

Wall Street analysts expect Agco (AGCO) to post quarterly earnings of $4.03 per share in its upcoming report, which indicates a year-over-year decline of 9.8%. Revenues are expected to be $4.06 billion, up 4.1% from the year-ago quarter.The current level reflects a downward revision of 5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earni ...

DULUTH, Ga.--(BUSINESS WIRE)--AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of FarmerCore, a transformative global initiative to deliver a next-generation farmer and dealer experience. The launch of the new end-to-end distribution model is a significant milestone in advancing AGCO’s Farmer-First strategy and solidifying its commitment to helping farmers across the globe become more profitable, ...

DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today its fourth-quarter 2023 earnings release conference call is scheduled for Tuesday, February 6 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” Secti ...

DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced that its Board of Directors declared a regular quarterly dividend of $0.29 per common share to be paid on March 15, 2024, to all stockholders of record as of the close of business February 15, 2024. About AGCO: AGCO (NYSE:AGCO) is a global leader in the design, manufacture and distribution of agricultural ma ...

With the equities sector avoiding a much-dreaded recession in 2023 and subsequently rising to unprecedented heights, investors may be better served rotating into undervalued stocks. Let’s think of it in (American) football terms. If you’re constantly running the ball, it might help to do a play-action pass, just to keep the encroaching defense honest.And that’s really the underlying motivation behind these contrarian stock picks. You don’t necessarily want to fight the tape. If the market is giving you retu ...