earnings
confidence high
sentiment negative
materiality 0.80
AGCO Q1 net sales down 30% to $2.1B; reported EPS $0.14, adj EPS $0.41; full-year guidance reaffirmed
AGCO CORP /DE
2025-Q1 EPS reported
$0.14
revenue$2,050,500,000
- Net sales $2.1B, down 30.0% YoY; reported EPS $0.14 vs $2.25 prior year.
- Adjusted EPS $0.41 vs $2.32 prior year; lower sales and production volumes drove decline.
- Full-year 2025 guidance affirmed: net sales ~$9.6B, adj op margin 7-7.5%, EPS $4.00-$4.50.
- North America sales down 33.9% (ex-currency); EME down 23.0%; South America down 6.1%.
- Industry retail tractor sales declined: N.A. -14%, Brazil +11%, W. Europe -17%.