AGCO Corp. (AGCO) Tops Q3 EPS by 67c, Offers Guidance

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Go back to AGCO Corp. (AGCO) Tops Q3 EPS by 67c, Offers Guidance

AGCO Reports Third-Quarter Results

October 31, 2023 7:30 AM EDT

Record third quarter net sales of $3.5 billion Third quarter operating margin of 12.3%; year-to-date operating margin over 12% Raises full-year operating margin and earnings per share outlook

DULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported its results for the third quarter ended September 30, 2023. Net sales for the third quarter were approximately $3.5 billion, an increase of 10.7% compared to the third quarter of 2022. Excluding favorable foreign currency translation of... More