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AGCO Q1 2023 Earnings Report

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$93.50 +2.95 (+3.26%)
(As of 12/20/2024 05:45 PM ET)

AGCO EPS Results

Actual EPS
$3.51
Consensus EPS
$2.64
Beat/Miss
Beat by +$0.87
One Year Ago EPS
$2.39

AGCO Revenue Results

Actual Revenue
$3.30 billion
Expected Revenue
$3.15 billion
Beat/Miss
Beat by +$147.15 million
YoY Revenue Growth
+22.90%

AGCO Announcement Details

Quarter
Q1 2023
Time
Before Market Opens

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AGCO Earnings Headlines

AGCO (NYSE:AGCO) Given New $116.00 Price Target at Truist Financial
StockNews.com Upgrades AGCO (NYSE:AGCO) to Hold
$2 Trillion Disappears Because of Fed's Secretive New Move
$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being carried out by the Fed that has nothing to do with lowering or raising interest rates... but could soon have an enormous impact on your wealth.
Jefferies Remains a Buy on Agco (AGCO)
Agco (AGCO) Gets a Hold from Barclays
Agco price target lowered to $119 from $127 at Baird
See More AGCO Headlines
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About AGCO

AGCO (NYSE:AGCO) manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, GSI, Massey Ferguson, Precision Planting, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

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