Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Agco (AGCO)
NYSE:AGCO
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.14Last Year’s EPS
2.32Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 06, 2025
|% Change Since: -1.21%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
AGCO demonstrated strong operational resilience with solid margins despite a significant sales decline. Strategic moves, including the PTx Trimble joint venture, position the company for future growth in precision agriculture. However, challenges such as high dealer inventories, a goodwill impairment charge, and production cuts due to weak demand highlight ongoing difficulties in the current market environment.Company Guidance
During the AGCO Fourth Quarter 2024 Earnings Call, the company provided detailed guidance on various financial metrics and strategic initiatives. For 2024, AGCO achieved a 9.9% adjusted operating margin and $1.97 in adjusted earnings per share for the fourth quarter, with annual figures reaching an 8.9% adjusted operating margin and $7.50 in adjusted earnings per share, despite a decline in sales of 19% compared to 2023. AGCO anticipates continuing production cuts to manage excess dealer inventory, projecting a 15% to 20% reduction in production hours for 2025. The company expects 2025 net sales to be $9.6 billion, with adjusted operating margins between 7% and 7.5%, and earnings per share ranging from $4 to $4.50. Furthermore, AGCO plans to grow its Precision Ag sales to $2 billion by 2029, focusing on its strategic initiatives, including the integration of PTx Trimble and expansion of its Precision Technology offerings. Despite challenges such as a significant downturn in the North American market and increased dealer inventories, AGCO remains committed to its long-term strategic goals and structural improvements aimed at enhancing resilience and profitability.Strong Adjusted Operating Margin
AGCO reported a strong 9.9% adjusted operating margin for Q4 2024 and an 8.9% adjusted operating margin for the full year, indicating resilience during an industry downturn.
PTx Trimble Joint Venture
AGCO closed the largest ag-tech deal in its industry's history with the PTx Trimble joint venture, enhancing strategic ambitions and focusing on agriculture machinery and precision ag technology.
Precision Ag Growth
Precision Ag sales are targeted to reach $2 billion by 2029, with significant progress in 2024, including over 1,000 PTx dealers.
Parts Business Growth
AGCO's parts sales were approximately $418 million for Q4, up 4% on a reported basis and 6% year-over-year when excluding currency effects.
---
AGCO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
AGCO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 06, 2025 | $102.99 | $97.79 | -5.05% |
| Nov 05, 2024 | $97.26 | $89.67 | -7.80% |
| Jul 30, 2024 | $101.07 | $95.31 | -5.70% |
| May 02, 2024 | $108.32 | $106.86 | -1.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Agco (AGCO) report earnings?
Agco (AGCO) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Agco (AGCO) earnings time?
Agco (AGCO) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AGCO EPS forecast?
AGCO EPS forecast for the fiscal quarter 2025 (Q1) is 0.14.
---