Agco Corp is a global leader in the design, manufacture, and distribution of agricultural equipment and solutions
The company offers a wide range of products, including tractors, combines, planting and seeding equipment, hay and forage equipment, and crop care products. Agco serves farmers and agricultural service providers by enhancing their productivity and efficiency through innovative technologies and precision farming solutions. With a commitment to sustainability and optimizing farming practices, Agco aims to support the growing needs of the agricultural sector worldwide.
The earnings of CNH Industrial are expected to rebound in 2025 due to improved market conditions and company-specific catalysts. Analyst upgraded rating and set target price at $16.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including The Toro Company (NYSETTC) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the agricultural machinery industry, including AGCO Corporation (NYSEAGCO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including Deere (NYSEDE) and its peers.
Over the past six months, AGCO Corporation’s stock price fell to $97.65. Shareholders have lost 7.4% of their capital, which is disappointing considering the S&P 500 has climbed by 11.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Looking back on agricultural machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Lindsay (NYSELNN) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Titan International (NYSETWI) and the best and worst performers in the agricultural machinery industry.
Agricultural and farm machinery company AGCO (NYSEAGCO) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 24.8% year on year to $2.60 billion. The company’s full-year revenue guidance of $12 billion at the midpoint came in 3.5% below analysts’ estimates. Its GAAP profit of $0.40 per share was also 58% below analysts’ consensus estimates.
A heat wave will hit the US in 2024, one of the hottest years on record. 150 million Americans under heat warning. Several industries will be affected.
