AGCO (NYSE:AGCO) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
AGCO beat estimated earnings by 10.19%, reporting an EPS of $2.38 versus an estimate of $2.16.
Revenue was up $66.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.49 which was followed by a 4.34% increase in the share price the next day.
Here’s a look at AGCO’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.90 | 1.77 | 1.84 | 2.22 |
| EPS Actual | 2.39 | 3.08 | 2.41 | 2.88 |
| Revenue Estimate | 2.65B | 3.05B | 2.86B | 2.74B |
| Revenue Actual | 2.69B | 3.20B | 2.73B | 2.88B |
To track all earnings releases for AGCO visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
