AGCO Corp. (AGCO) Tops Q1 EPS by 5c

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Go back to AGCO Corp. (AGCO) Tops Q1 EPS by 5c

AGCO Reports First Quarter Results

April 28, 2015 8:01 AM EDT

Expense and Working Capital Management Highlight First Quarter

Company Achieves First Quarter Adjusted EPS of $0.43 and Reported EPS of $0.34

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $1.7 billion for the first quarter of 2015, a decrease of approximately 27.0% compared to net sales of approximately $2.3 billion for the first quarter of 2014. Reported net income was $0.34 per share and adjusted net income, excluding restructuring and other infrequent... More