AGCO Corp. (AGCO) Tops Q1 EPS by 21c
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AGCO Reports Improved First Quarter Results
May 1, 2018 7:30 AM EDTIncreases Full-year Outlook
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 first quarter of 2018, an increase of approximately 23.3% compared to the first quarter of 2017. Reported net income was $0.30 per share for the first quarter of 2018, and adjusted net income, excluding restructuring expenses, was $0.35 per share. These results compare to a reported net loss of $0.13 per share and adjusted net loss, excluding restructuring expenses and a non-cash expense related to waived... More
