AGCO (NYSE:AGCO – Get Free Report) will be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $2.29 per share for the quarter. AGCO has set its FY 2024 guidance at 13.150-13.150 EPS and its FY24 guidance at $13.15 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
AGCO (NYSE:AGCO – Get Free Report) last issued its earnings results on Tuesday, February 6th. The industrial products company reported $3.78 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.03 by ($0.25). AGCO had a return on equity of 26.96% and a net margin of 8.13%. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $4.03 billion. During the same period in the prior year, the company earned $4.47 earnings per share. The firm’s revenue was down 2.5% compared to the same quarter last year. On average, analysts expect AGCO to post $13 EPS for the current fiscal year and $13 EPS for the next fiscal year.
AGCO Stock Down 0.6 %
NYSE AGCO traded down $0.66 during mid-day trading on Thursday, hitting $118.03. The company’s stock had a trading volume of 190,395 shares, compared to its average volume of 683,744. The company has a current ratio of 1.46, a quick ratio of 0.67 and a debt-to-equity ratio of 0.30. The company’s 50 day simple moving average is $115.74 and its 200 day simple moving average is $117.19. The firm has a market capitalization of $8.81 billion, a price-to-earnings ratio of 7.59, a PEG ratio of 0.67 and a beta of 1.31. AGCO has a twelve month low of $105.77 and a twelve month high of $140.46.
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About AGCO
AGCO Corporation 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.
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