AGCO Corp. (AGCO) Tops Q2 EPS by 4c

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Go back to AGCO Corp. (AGCO) Tops Q2 EPS by 4c

AGCO Reports Improved Second Quarter Results

July 31, 2018 7:45 AM EDT

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.5 billion for the second quarter of 2018, an increase of approximately 17.2% compared to the second quarter of 2017. Reported net income was $1.14 per share for the second quarter of 2018, and adjusted net income, excluding restructuring expenses and costs associated with an early retirement of debt, was $1.32 per share. These results compare to a reported net income of $1.14 per share and adjusted net income, excluding restructuring expenses, of $1.15 per share for the second... More