AGCO Corp. (AGCO) Tops Q2 EPS by 10c
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AGCO Reports Second Quarter Results
August 4, 2016 8:01 AM EDTDULUTH, 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 second quarter of 2016, a decrease of approximately 3.6% compared to net sales of approximately $2.1 billion for the second quarter of 2015. Reported net income was $0.61 per share for the second quarter of 2016 and adjusted net income, excluding restructuring expenses and a non-cash deferred income tax adjustment, was $1.02 per share. These results compare to reported net income of $1.22 per share and adjusted net income, excluding restructuring expenses, of $1.25... More
