AGCO Corp. (AGCO) Misses Q3 EPS by 40c, Misses on Revenue; Offers FY24 Guidance

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Go back to AGCO Corp. (AGCO) Misses Q3 EPS by 40c, Misses on Revenue; Offers FY24 Guidance

AGCO REPORTS THIRD-QUARTER RESULTS

November 5, 2024 7:30 AM EST

Net sales of $2.6 billion, down 24.8% year-over-yearReported earnings per share of $0.40 and adjusted earnings per share(1) of $0.68Reaffirms full-year adjusted operating margin target of 9%Revised 2024 sales and earnings per share outlook reflects the Grain and Protein divestiture

DULUTH, Ga., Nov. 5, 2024 /PRNewswire/ -- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of... More