AGCO Stock Surges On Q4 Beat, Solid FY22 Outlook
AGCO Corp (NYSE:AGCO) reported fourth-quarter net sales growth of 16.1% year-over-year to $3.16 billion, beating the consensus of $3.05 billion. Regional Sales: Europe/Middle East $1.8 billion (+4.3% Y/Y), North America $674.7 million (+39.1% Y/Y), South America $405.6 million (+51.6% Y/Y), Asia/Pacific/Africa $278 million (+15% Y/Y). Adjusted EPS improved to $3.08 from $1.54 in…
Benzinga ·