For the quarter ended March 2024, Agco (AGCO) reported revenue of $2.93 billion, down 12.1% over the same period last year. EPS came in at $2.32, compared to $3.51 in the year-ago quarter.The reported revenue represents a surprise of -2.32% over the Zacks Consensus Estimate of $3 billion. With the consensus EPS estimate being $2.29, the EPS surprise was +1.31%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...

Agco (AGCO) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $2.29 per share. This compares to earnings of $3.51 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.31%. A quarter ago, it was expected that this farm equipment maker would post earnings of $4.03 per share when it actually produced earnings of $3.78, delivering a surprise of -6.20%.Over the last four quarters, the company ...

NEWS RELEASE For Immediate Release Thursday, May 2, 2024 INVESTOR CONTACT: MEDIA CONTACT: VP, Investor Relations VP, Chief Communications Officer AGCO REPORTS FIRST-QUARTER RESULTS DULUTH, GA – May 2 – AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the first quarter ended March 31, 2024, a decrease of 12.1% compared to the first quarter of 2023. Reported net income was $2.25 per sha ...

DULUTH, Ga., May 1, 2024 /PRNewswire/ -- AGCO Corporation, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today that it will participate in the 2024 Oppenheimer Industrial Growth Conference on Monday, May 6, 2024. The conference will include a fireside chat with Damon Audia, Senior Vice President and Chief Financial Officer, at 10:30 a.m. Eastern Time. Investors may listen to a live webcast of the presentation by acc ...

The upcoming report from Agco (AGCO) is expected to reveal quarterly earnings of $2.29 per share, indicating a decline of 34.8% compared to the year-ago period. Analysts forecast revenues of $3 billion, representing a decrease of 10.1% year over year.The current level reflects a downward revision of 0.7% 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.Prior to a ...

Special Variable Dividend of $2.50 per shareRegular Quarterly Dividend of $0.29 per share DULUTH, Ga., April 25, 2024 /PRNewswire/ -- AGCO Corporation (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 special variable dividend in the amount of $2.50 per share and a regular quarterly dividend of $0.29 per outstanding share. The special variable dividend will be payable on June ...

This prestigious honor recognizes women leaders in the manufacturing industry and encourages them to inspire inclusion through helping the next generation of female talent to pursue manufacturing careers.  "Kimberly is a strong leader on our manufacturing team," said Dave Bellefeuille, assembly, warehouse and shipping manager. "She impresses me daily with her drive, positive attitude and dedication to our customers and her team. She is a role model for our whole team on how we put the customer at the center ...

The world is grappling with profound challenges, including the Middle East conflict, the protracted war in Ukraine and widespread elections later this year. Consequently, looming food shortages underscore the importance of investing in the best agricultural stocks.The International Fund for Agricultural Development warns that the elections in 70 countries this year will likely disrupt efforts to ensure stable food supplies. Similarly, the UN World Food Programme reports a critical situation in West and Cent ...

AGCO Corp. (AGCO) announced the launch of a brand representing its precision ag portfolio, PTx. PTx integrates the precision agriculture technology from AGCO's tech stack's pillars, Precision Planting and its most recent joint venture, PTx Trimble. This move will facilitate AGCO’s rapid growth in technology transformation and provide seamlessly compatible, powerfully simple precision ag solutions.On Apr 1, 2024, AGCO announced that it completed the previously announced joint venture contract with Trimble (T ...

New leading brand combines precision technologies of Precision Planting and PTx TrimbleDULUTH, Ga., April 8, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced the launch of PTx, a new brand representing its precision ag portfolio. PTx combines precision ag technologies from the cornerstones of AGCO's tech stack: Precision Planting and its newest joint venture (JV), PTx Trimble ...