Benzinga | Jul 30, 2020 07:49AM EDT

AGCO Q2 EPS $0.93 Does Not Compare To $0.08 Estimate, Sales $2.01B Beat $1.80B Estimate

AGCO (NYSE:AGCO) reported quarterly earnings of $0.93 per share which beat the analyst consensus estimate of $0.08 by 1062.5 percent. This is a 48.9 percent decrease over earnings of $1.82 per share from the same period last year. The company reported quarterly sales of $2.01 billion which beat the analyst consensus estimate of $1.80 billion by 11.50 percent. This is a 17.17 percent decrease over sales of $2.42 billion the same period last year.