AGCO Corp. (AGCO) Tops Q3 EPS by 4c; Offers FY22 Guidance

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Go back to AGCO Corp. (AGCO) Tops Q3 EPS by 4c; Offers FY22 Guidance

AGCO Reports Record Third Quarter Results

November 1, 2022 7:30 AM EDT

Record net sales of $3.1 billion, up 14.5% year-over-year, driven by North and South America North American sales up ~43% year-over-year from growth in Fendt and Precision Planting products Record operating margin of 10.6%, expanded 140 basis points through pricing and improved mix South American operating margin of nearly 19% Reaffirms full year operating margin and earnings per share outlook

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported its results for the third quarter ended September 30,... More