earnings
confidence high
sentiment positive
materiality 0.85
AGCO reports record Q4 net sales of $3.9B, EPS $4.47 adjusted; reiterates FY23 outlook ~$14B sales, $13.50 EPS
AGCO CORP /DE
2022-FY EPS reported
$11.87
revenue$12,651,400,000
- Q4 net sales $3.9B (+23.6% YoY); reported EPS $4.29, adjusted EPS $4.47.
- Full year net sales ~$12.7B (+13.6% YoY); reported EPS $11.87, adjusted $12.42.
- South America sales +66.4% (reported) and operating margin 17.6%.
- Generated $449.9M free cash flow in FY22.
- Reiterates FY23 guidance: net sales ~$14B, EPS ~$13.50.