---
schema_version: "secwatch.filing_event.v1"
accession: "0000880266-24-000056"
form_type: "8-K"
ticker: "AGCO"
cik: "0000880266"
company_name: "AGCO CORP /DE"
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:43:20.874953+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AGCO Q3 net sales fall 24.8% to $2.6B, adjusted EPS $0.68; reaffirms 9% margin target

## Summary
- Q3 net sales $2.6B, down 24.8% YoY; reported EPS $0.40 vs $3.74; adjusted EPS $0.68 vs $3.97.
- Regional sales: North America -21.8%, South America -47.0%, EME -18.2%, APA -11.7%.
- Reaffirms full-year adjusted operating margin target of 9%; 2024 adjusted EPS outlook ~$7.50.
- Closed divestiture of Grain & Protein business on Nov 1; 2024 net sales expected ~$12.0B.
- Industry retail tractor demand down across major regions: NA -11%, SA -9%, WE -6% in first nine months.

## SEC filing metadata
- accession: 0000880266-24-000056
- form_type: 8-K
- ticker: AGCO
- cik: 0000880266
- company_name: AGCO CORP /DE
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880266/000088026624000056/0000880266-24-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880266/000088026624000056/agco-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000880266-24-000056
- JSON: https://secwatch.observer/filing/0000880266-24-000056.json
- Plain text: https://secwatch.observer/filing/0000880266-24-000056.txt

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