AGCO Corp Earnings Surpasses Estimates in Q1, Shares Rise 11%

Shares of AGCO Corp. (AGCO) have gained 11% since it surpassed both top and bottom line estimates on  May 1. The company delivered an adjusted EPS of 41 cents in first-quarter 2025 compared with the prior-year quarter’s $2.32. The reported figure topped the Zacks Consensus Estimate of 3 cents.Including one-time items, AGCO posted an EPS of 14 cents compared with the year-ago quarter’s$2.25.Net sales decreased 30% year over year to $2.05 billion in the March-end quarter. The top line beat the Zacks Consensu ...