Agco (AGCO) Misses Q2 Earnings and Revenue Estimates

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 ...