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Recap: AGCO Q2 Earnings

  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.

Benzinga · 07/28/2022 07:47

 

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.