AGCO AGCO reported its Q4 earnings results on Tuesday, February 8, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
AGCO beat estimated earnings by 74.01%, reporting an EPS of $3.08 versus an estimate of $1.77.
Revenue was up $482.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.57, which was followed by a 1.59% drop in the share price the next day.
Here's a look at AGCO's past performance:
|Quarter||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
AGCO management provided guidance for their next quarter, expecting earnings between $11.5 and $11.5 per share for the next quarter.
This represents a 273.38% in quarter-over-quarter growth for AGCO, a bullish signal to many investors.
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