AGCO (AGCO)
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Earnings Preview: Agco (AGCO) Q2 Earnings Expected to Decline
ZACKS· 2024-07-23 15:06
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 ...
AGCO ANNOUNCES QUARTERLY DIVIDEND
Prnewswire· 2024-07-11 16:00
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 ...
AGCO ANNOUNCES SECOND-QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL
Prnewswire· 2024-07-10 19:05
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 ...
AGCO Announces Transformation of Ohio Dealership Network
Prnewswire· 2024-07-02 17:30
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- ...
Rising Concerns in Food Security: How Agritech and Food Companies Are Responding
Prnewswire· 2024-06-26 14:55
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 ...
AGCO Tech Days 2024 to Showcase Innovation Across the Crop Cycle Serving Farmers with Mixed Fleets Globally
Prnewswire· 2024-06-21 12:00
DULUTH, Ga., June 21, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is preparing for its annual Tech Days in North America on June 26 and 27, 2024. The event will highlight AGCO's commitment to farmer-focused solutions for the mixed fleet. Those solutions are delivered through a distinguished brand portfolio, including Fendt®, Massey Ferguson®, Valtra and the newest leading precision ag b ...
AGCO Dealership Launches Same-Day Parts Delivery Service
Prnewswire· 2024-06-13 14:00
New service advances FarmerCore capabilities DULUTH, Ga., June 13, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced the launch of AgRevolution's™ same-day delivery service for machinery parts. AgRevolution, an AGCO-owned, full-line agricultural equipment dealer operating in Kentucky, Illinois and Indiana, now offers farmers same-day delivery in as little as two hours for in-stock parts.AGCO De ...
AGCO Corp (AGCO) Declines 19% in a Year: What's Ailing the Stock?
ZACKS· 2024-06-12 16:05
AGCO Corp. (AGCO) shares lost 18.9% last year compared with the industry’s fall of 10.8%. This mainly reflects reduced sales volume, declines in production levels and low commodity prices. Image Source: Zacks Investment Research Let us take a look into the factors that are ailing this Zacks Rank #5 (Strong Sell) stock.Lower Sales Volume: In North America, industry retail sales for the first quarter of 2024 declined year over year after being down in 2023 . The decline was due to lower sales of smaller equip ...
AGCO Announces New Production Ag and Rural Lifestyle Dealership Locations in 2024
Prnewswire· 2024-06-12 15:00
DULUTH, Ga., June 12, 2024 /PRNewswire/ -- AGCO Corporation (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced today several new locations opened this year in its Production Ag and Rural Lifestyle dealership networks. These new locations will provide farmers and homeowners in the United States and Canada with greater access to sales, services and support of AGCO's popular agriculture equipment brands, including Fendt® an ...
Harvesting Gains: 3 Agriculture Stocks to Buy Before They Sprout
Investor Place· 2024-06-07 17:12
Certain agriculture stocks may experience growth this summer as the sector stabilizes following years of disruptions and benefits from emerging factors. Agriculture will also likely be at the forefront of addressing climate change challenges, creating investment opportunities in supply sectors as investors will consider which agriculture stocks to buy.The sector had not managed to recover from the pandemic before being hit by the war in Ukraine. High fuel and input costs, coupled with consumer inflation, hu ...