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Stock impact report

AGCO REPORTS FIRST-QUARTER RESULTS [Yahoo! Finance]

AGCO Corporation (AGCO) 
Last agco corporation earnings: 2/6 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.agcocorp.com
Company Research Source: Yahoo! Finance
Closed the previously announced joint venture transaction, PTx Trimble, on April 1 Announced variable special dividend of per share on April 25 DULUTH, Ga. May 2, 2024 /PRNewswire/ -- AGCO, (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, reported net sales of $2.9 billion for the first quarter ended March 31, 2024, a decrease of 12.1% compared to the first quarter of 2023. Reported net income was per share for the first quarter of 2024, and adjusted net income was $2.32 per share. These results compare to reported net income of per share and adjusted net income of per share, for the first quarter of 2023. Excluding favorable foreign currency translation of 1.0%, net sales in the first quarter of 2024 decreased 13.1% compared to the first quarter of 2023. "AGCO demonstrated strong execution of its Farmer First-strategy in the first quarter," said Eric Hansotia , AGCO's Chairman, President and Chief Show less Read more
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