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AGCO Corp (AGCO.N)

AGCO.N on New York Stock Exchange

72.55USD
18 Apr 2019
Change (% chg)

$-0.02 (-0.03%)
Prev Close
$72.57
Open
$72.86
Day's High
$73.19
Day's Low
$72.46
Volume
129,805
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188,311
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$73.19
52-wk Low
$49.50

Latest Key Developments (Source: Significant Developments)

AGCO Reports Q4 Adjusted Earnings Per Share $1.31
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - AGCO Corp ::AGCO REPORTS FOURTH QUARTER RESULTS.Q4 SALES $2.6 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.58 BILLION.SEES FY 2019 EARNINGS PER SHARE ABOUT $4.60.Q4 ADJUSTED EARNINGS PER SHARE $1.31.Q4 EARNINGS PER SHARE $1.26.SEES FY 2019 SALES ABOUT $9.6 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $1.22 -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $4.63, REVENUE VIEW $9.63 BILLION -- REFINITIV IBES DATA.GLOBAL INDUSTRY DEMAND IS PROJECTED TO IMPROVE MODESTLY IN 2019."GLOBAL INDUSTRY SALES OF FARM EQUIPMENT IN 2018 WERE MIXED ACROSS AGCO'S KEY MARKETS".2019 GROSS, OPERATING MARGINS EXPECTED TO IMPROVE FROM 2018 LEVELS, REFLECTING THE POSITIVE IMPACT OF PRICING AND COST REDUCTION EFFORTS.INDUSTRY EQUIPMENT DEMAND DECREASED MODESTLY ACROSS WESTERN EUROPE IN 2018.EXPECT SENTIMENT TO REMAIN POSITIVE AND 2019 DEMAND TO BE STABLE ACROSS EUROPEAN MARKETS.2018 FARM INCOME NEGATIVELY IMPACTED BY REDUCED CROP PRODUCTION ACROSS PARTS OF WESTERN EUROPE AND LOWER MILK PRICES IN H1.INDUSTRY DEMAND IN 2019 IN SOUTH AMERICA IS EXPECTED TO BE IMPROVED COMPARED TO 2018.  Full Article

Deere & Co Takes Legal Action Against Precision Planting And AGCO Corp
Friday, 1 Jun 2018 

June 1 (Reuters) - Deere & Co::TOOK LEGAL ACTION AGAINST PRECISION PLANTING LLC AND AGCO CORPORATION, CLAIMING COMPANIES HAVE INFRINGED ON 12 JOHN DEERE PATENTS.LAWSUIT STATES PRODUCTS MADE/SOLD BY PRECISION PLANTING, INCLUDING VSET SEED METERS ALONG WITH SPEEDTUBE PRODUCTS, INFRINGE ON DEERE PATENTS.  Full Article

AGCO Q4 Earnings Per Share $0.55
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - AGCO Corp ::AGCO REPORTS FOURTH QUARTER RESULTS.Q4 SALES ROSE 20.7 PERCENT TO $2.5 BILLION.SEES FY 2018 EARNINGS PER SHARE ABOUT $3.50.Q4 ADJUSTED EARNINGS PER SHARE $1.10.Q4 EARNINGS PER SHARE $0.55.SEES FY 2018 SALES ABOUT $9.1 BILLION.SAYS "RELATIVELY STABLE INDUSTRY DEMAND IS ANTICIPATED ACROSS ALL REGIONS IN 2018".QUARTERLY DIVIDEND INCREASED TO $0.15 PER SHARE EFFECTIVE FIRST QUARTER 2018‍​.AGCO - INCOME TAX PROVISION DURING Q4 INCLUDES ONE-TIME CHARGE OF ABOUT $42.0 MILLION RESULTING FROM U.S. TAX REFORM LEGISLATION ON DEC 22, 2017.SAYS "GROSS AND OPERATING MARGINS ARE EXPECTED TO IMPROVE FROM 2017 LEVELS" IN 2018.Q4 EARNINGS PER SHARE VIEW $1.13, REVENUE VIEW $2.39 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.77, REVENUE VIEW $8.78 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

AGCO terminates agreement to acquire shares of Kepler Weber
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - AGCO Corp : :AGCO terminates agreement to acquire shares of Kepler Weber.AGCO terminates agreement to acquire shares of Kepler Weber.AGCO - ‍terminated agreement dated February 9, entered into with 2 largest shareholders of Kepler Weber SA​.AGCO Corp - ‍no tender offer will be launched for Kepler Weber S.A. shares​.  Full Article

AGCO Q3 earnings per share $0.76
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - AGCO Corp :AGCO reports third quarter results.Q3 sales $2.0 billion versus I/B/E/S view $1.92 billion.Sees FY 2017 earnings per share about $2.86.Sees FY 2017 sales $8.2 billion.Q3 earnings per share $0.76.Q3 earnings per share view $0.73 -- Thomson Reuters I/B/E/S.AGCO Corp - ‍ Q3 of 2017 adjusted net income, excluding restructuring expenses, was $0.79 per share​.AGCO Corp - ‍maintaining full-year outlook for net income per share​.AGCO Corp - ‍AGCO's net sales for 2017 are expected to reach $8.2 billion.AGCO Corp - ‍gross and operating margins for 2017 are expected to improve from 2016 levels​.Sees FY 2017 adjusted earnings per share about $3.00.FY2017 earnings per share view $3.05, revenue view $7.98 billion -- Thomson Reuters I/B/E/S.  Full Article

CLIMATE CORPORATION ANNOUNCES GLOBAL DATA CONNECTIVITY AGREEMENT WITH AGCO
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Climate Corporation::THE CLIMATE CORPORATION ANNOUNCES GLOBAL DATA CONNECTIVITY AGREEMENT WITH AGCO, OFFERING MORE FARMERS THE ABILITY TO CONNECT THEIR FARM EQUIPMENT TO THE CLIMATE FIELDVIEW™ PLATFORM.‍CLIMATE CORPORATION SAYS ANNOUNCED A DATA CONNECTIVITY AGREEMENT WITH AGCO​.  Full Article

Charoen Pokphand Foods clarifies on media reports regarding establishment of JV with Agco Corp
Thursday, 24 Aug 2017 

Aug 24 (Reuters) - Charoen Pokphand Foods Pcl :Refers to media reports regarding establishment of jv with Agco Corp.Co not a party to the said jv.  Full Article

AGCO sees FY 2017 earnings per share about $2.89
Thursday, 27 Jul 2017 

July 27 (Reuters) - Agco Corp :Agco reports second quarter results; raises outlook for 2017.Q2 sales $2.2 billion versus i/b/e/s view $2.08 billion.Sees fy 2017 earnings per share about $2.89.Sees fy 2017 sales $8.0 billion.Q2 earnings per share $1.14.Q2 earnings per share view $1.04 -- Thomson Reuters I/B/E/S.Agco corp - full-year outlook for net sales and net income per share increased.Agco corp - 2017 gross and operating margins are expected to improve from 2016 levels.Fy2017 revenue view $7.74 billion -- Thomson Reuters I/B/E/S.Agco corp - 2017 earnings per share are targeted at approximately $2.89 on a reported basis, or approximately $3.00 on an adjusted basis.Fy2017 earnings per share view $2.80 -- Thomson Reuters I/B/E/S.  Full Article

AGCO to acquire Precision Planting from The Climate Corporation
Wednesday, 26 Jul 2017 

July 26 (Reuters) - AGCO Corp ::AGCO to acquire precision planting from the Climate Corporation.Terms of agreement were not disclosed. Transaction is subject to regulatory approvals.​.Co, Climate Corporation announced a definitive agreement has been signed for AGCO to acquire Precision Planting LLC equipment business.  Full Article

AGCO Corp declares regular quarterly dividend of $0.14 per common share
Wednesday, 12 Jul 2017 

July 12 (Reuters) - Agco Corp :AGCO Corp - board of directors declared a regular quarterly dividend of $0.14 per common share.  Full Article