UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-12930 AGCO CORPORATION (Exact name of Registrant as specified in its charter) Delaware 58-1960019 (State or other juri ...

"Farmers' reception of the Fendt brand has been spectacular, and it's a driving factor in AGCO's growth the last few years," said Eric Hansotia, AGCO Chairman, President and CEO. "The Fendt Lodge represents AGCO's commitment to farmers in North America, our faith in Fendt's very bright future and pride in our Jackson teams and community." The lodge's grand opening was celebrated over two days, including an insider's preview on April 30 that highlighted longtime Fendt farmer-customers, dealers and AGCO emplo ...

AGCO Corporation (NYSE:AGCO) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Greg Peterson – Head-Investor Relations Eric Hansotia – Chairman, President and Chief Executive Officer Damon Audia – Senior Vice President and Chief Financial Officer Conference Call Participants Jamie Cook – Truist Kristen Owen – Oppenheimer Stanley Elliott – Stifel Tami Zakaria – JPMorgan Mig Dobre – RW Baird Chad Dillard – Bernstein Operator Good day, and welcome to AGCO First Quarter 2024 Earnings ...

FIRST QUARTER 2024 Financial and Operational Results May 2, 2024 2 SAFE HARBOR Forward-looking statements in this presentation, including statements about our strategic plans and initiatives as well as their financial impacts, demand, product development and capital expenditure plans and timing of those plans and our expectations with respect to the costs and benefits of those plans and timing of those benefits, future revenue, crop production and farm income, production levels, price levels, margins, earni ...

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 ...

Exhibit 99.1 NEWS RELEASE For Immediate Release Thursday, May 2, 2024 INVESTOR CONTACT: MEDIA CONTACT: Greg Peterson Rachel Potts VP, Investor Relations VP, Chief Communications Officer 404-403-6042 678-654-7719 greg.peterson@agcocorp.com rachel.potts@agcocorp.com AGCO REPORTS FIRST-QUARTER RESULTS • Net sales of $2.9 billion, down 12.1% • Reported earnings per share of $2.25 and adjusted earnings per share(1) of $2.32 • Closed the previously announced joint venture transaction, PTx Trimble, on April 1 • An ...

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 ...