AGCO Q2 EPS $4.29 Beats $3.73 Estimate, Sales $3.82B Beat $3.71B Estimate
Portfolio Pulse from Bill Haddad
AGCO Corporation reported Q2 earnings of $4.29 per share, beating the analyst consensus estimate of $3.73 by 15.01%. This is an 80.25% increase from the same period last year. The company also reported quarterly sales of $3.82 billion, beating the analyst consensus estimate of $3.71 billion by 3.04%, a 29.80% increase from the same period last year.
July 27, 2023 | 11:33 am
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POSITIVE IMPACT
AGCO Corporation reported better than expected Q2 earnings and sales, which could positively impact the stock price in the short term.
AGCO Corporation reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news by investors and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100