May. 1 at 11:33 AM
$AGCO Q1 sales crater 30% YoY to
$2.1B with EPS nosediving from
$2.32 to
$0.41 adjusted. CEO touts 'decisive actions' like slashing production 33%, but North America's -5% operating margin and 46% combine sales drop tell the real story. Full-year guidance maintained, but tariff risks loom large.
https://www.prnewswire.com/news-releases/agco-reports-first-quarter-results-302443411.html