AGCO Corp. (AGCO) Tops Q2 EPS by 25c; Lifts Outlook

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Go back to AGCO Corp. (AGCO) Tops Q2 EPS by 25c; Lifts Outlook

AGCO Reports Second Quarter Results

July 28, 2015 8:01 AM EDT

Second Quarter Sales of $2.1 Billion Generate Adjusted EPS of $1.25 and Reported EPS of $1.22

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.1 billion for the second quarter of 2015, a decrease of approximately 24.8% compared to net sales of approximately $2.8 billion for the second quarter of 2014. Reported net income was $1.22 per share and adjusted net income, excluding restructuring and other infrequent expenses, was $1.25 per share for the second quarter of 2015. These results compare to reported... More