Agco (AGCO) Q2 Earnings and Revenues Surpass Estimates

Agco (AGCO) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $2.53 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +27.36%. A quarter ago, it was expected that this farm equipment maker would post earnings of $0.03 per share when it actually produced earnings of $0.41, delivering a surprise of +1266.67%. Over the last four quarters, the ...