earnings
confidence high
sentiment positive
materiality 0.85
AGCO Q1 net sales up 14.3% to $2.3B; adjusted EPS $0.94 vs $0.41; raises FY26 EPS outlook to ~$6.00
AGCO CORP /DE
2026-Q1 EPS reported
$0.76
revenue$2,342,900,000
- Net sales $2.3B +14.3% YoY; reported EPS $0.76, adjusted EPS $0.94 (vs $0.41 prior year).
- Full-year adjusted EPS outlook raised to approximately $6.00; net sales guidance $10.5-$10.7B.
- Quarterly dividend increased to $0.30/share from $0.29; $350M share repurchase program to start Q2 2026.
- AGCO sold 49% interests in AGCO Finance U.S. & Canada JVs to Rabobank for ~$190M; proceeds for buybacks.
- Regional sales: EME +9.0% constant currency, North America +9.0%, LATAM -30.3%, APA +20.9%.