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Stock impact report

AGCO Reports Fourth Quarter Results

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: Business Wire
Record fourth quarter and full year net sales and earnings per shareFull year reported operating margin of 10% and adjusted operating margin of 10.3%Full year South American operating margin of 17.6%Reiterates 2023 full year net sales of ~$14 billion and earnings per share of ~$13.50 DULUTH, Ga.--(BUSINESS WIRE)--AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment and solutions, reported net sales of $3.9 billion for the fourth quarter of 2022, an increase of 23.6% compared to the fourth quarter of 2021. Reported net income was $4.29 per share for the fourth quarter of 2022, and adjusted net income(3), which excludes restructuring expenses and a charge related to the divestiture of a Russian joint venture, was $4.47 per share. These results compare to reported net income of $3.75 per share and adjusted net income(3), which excludes restructuring expenses and the reversal of a valuation allowance previously established agai Show less Read more
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