AGCO Corp. (AGCO) Tops Q4 EPS by 1c

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Go back to AGCO Corp. (AGCO) Tops Q4 EPS by 1c

AGCO Reports Fourth Quarter Results

February 2, 2016 8:03 AM EST

Company Achieves Full Year Adjusted EPS of $3.24 and Reported EPS of $3.06

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.0 billion for the fourth quarter of 2015, a decrease of approximately 21.2% compared to net sales of approximately $2.5 billion for the fourth quarter of 2014. Reported net income was $0.73 per share and adjusted net income, excluding restructuring and other infrequent expenses, was $0.80 per share for the fourth quarter of 2015. These results compare to reported net income of $0.85... More