AGCO Corp. (AGCO) Tops Q3 EPS by 9c

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AGCO Reports Third Quarter Results

October 30, 2018 7:45 AM EDT

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $2.2 billion for the third quarter of 2018, an increase of approximately 11.5% compared to the third quarter of 2017. Reported net income was $0.89 per share for the third quarter of 2018, and adjusted net income, excluding restructuring expenses, was $0.91 per share. These results compare to a reported net income of $0.76 per share and adjusted net income, excluding restructuring expenses, of $0.79 per share for the third quarter of 2017. Excluding unfavorable currency translation... More