AGCO (NYSE:AGCO – Get Free Report) will post its quarterly earnings results before the market opens on Thursday, May 2nd. Analysts expect AGCO to post 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.Investors that wish to listen to the company’s conference call can do so using this link.
AGCO (NYSE:AGCO – Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $3.78 EPS for the quarter, missing analysts’ consensus estimates of $4.03 by ($0.25). The business had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $4.03 billion. AGCO had a return on equity of 26.96% and a net margin of 8.13%. The business’s quarterly revenue was down 2.5% on a year-over-year basis. During the same period in the previous year, the business earned $4.47 earnings per share. On average, analysts expect AGCO to post $13 EPS for the current fiscal year and $13 EPS for the next fiscal year.
AGCO Trading Down 0.6 %
NYSE:AGCO traded down $0.66 during mid-day trading on Thursday, hitting $118.03. 190,395 shares of the stock traded hands, compared to its average volume of 683,744. The company has a quick ratio of 0.67, a current ratio of 1.46 and a debt-to-equity ratio of 0.30. The stock 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 52 week low of $105.77 and a 52 week high of $140.46. The firm’s 50 day moving average is $115.74 and its two-hundred day moving average is $117.19.
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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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