Agco reports Q3 adjusted EPS $1.35, consensus $1.22

Reports Q3 revenue $2.48B, consensus $2.47B. “AGCO (AGCO) delivered another solid quarter of navigating a complex global landscape shaped by challenging farm economics, high interest rates, and cautious capital investment,” said Eric Hansotia, AGCO’s Chairman, President and CEO. “Our continued investments in precision agriculture, autonomous solutions and sustainable technologies helped maintain demand for our premium brands. At the same time, we have responded decisively with disciplined production cuts, aggressive cost management, and accelerated strategic restructuring initiatives.”