---
schema_version: "secwatch.filing_event.v1"
accession: "0000880266-24-000049"
form_type: "8-K"
ticker: "AGCO"
cik: "0000880266"
company_name: "AGCO CORP /DE"
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:33:30.676043+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AGCO reports Q2 adjusted EPS $2.53 vs $4.29 YoY; lowers 2024 guidance to ~$8.00

## Summary
- Net sales $3.2B, down 15.1% YoY; reported EPS $(4.92) includes estimated loss on Grain & Protein held for sale.
- Adjusted EPS $2.53 vs $4.29 in Q2 2023; 2024 adjusted EPS guidance lowered to ~$8.00.
- Regional sales declines (constant currency): North America -15.8%, South America -39.2%, EME -3.7%, APA -32.6%.
- Announced divestiture of Grain & Protein on July 25, expected close by year-end; paid special dividend $2.50/share.
- Company cites weakening market conditions, production cuts; 2024 net sales ~$12.5B, adj. operating margin ~9%.

## SEC filing metadata
- accession: 0000880266-24-000049
- form_type: 8-K
- ticker: AGCO
- cik: 0000880266
- company_name: AGCO CORP /DE
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880266/000088026624000049/0000880266-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880266/000088026624000049/agco-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000880266-24-000049
- JSON: https://secwatch.observer/filing/0000880266-24-000049.json
- Plain text: https://secwatch.observer/filing/0000880266-24-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.