AGCO Corp. (AGCO) Misses Q4 EPS by 3c, Offers Outlook
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AGCO Reports Fourth Quarter Results
February 6, 2018 7:45 AM ESTDULUTH, Ga.--(BUSINESS WIRE)-- AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, reported net sales of approximately $2.5 billion for the fourth quarter of 2017, an increase of approximately 20.7% compared to net sales of approximately $2.1 billion for the fourth quarter of 2016. Reported net income was $0.55 per share and adjusted net income, which excludes restructuring expenses and a tax charge related to U.S. tax reform, was $1.10 per share for the fourth quarter of 2017. These results compare to reported net income of $0.77 per share and adjusted net income, which excludes... More
