NYSE$AGCO
AGCO Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
AGCO delivered solid results for the first quarter under challenging conditions.
AGCO reported net sales of approximately $1.9 billion, a decrease of approximately 3.4% compared to the first quarter of 2019. Reported net income was $0.85 per share and adjusted net income, excluding restructuring expenses, was $0.86 per share.
- Europe/Middle East (“EME”) sales decreased 8.0% , North America sales increased 11.2%, South America sales decreased 1.4%, Asia/Pacific/Africa (“APA”) sales decreased 17.8%.
- Constant currency regional sales results: EME decreased 4.7%, North America increased 11.7%, South America increased 13.8%, APA decreased 13.4%
- Regional operating margin performance: EME 9.2%, North America 11.0%, South America (5.7)%, APA (1.2)%
- New Term Loan - $520 million facility completed in April to provide incremental liquidity
Headline financials
Revenue & EPS history
AGCO · Revenue · Quarterly
$1.93B
Forward guidance
Given the uncertainty caused by the COVID-19 pandemic, AGCO withdrew all guidance for its 2020 results on March 23, 2020. A considerable amount of uncertainty remains for the balance of 2020 relating to industry demand, production constraints and other impacts of the pandemic. AGCO’s focus is on employee safety, serving customers and operating as effectively as possible under these challenging conditions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.5%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+0.8%
Avg return
30 days after
51%
35 / 68 earnings
Positive
+13.1%
Q4 2021
Best reaction
-12.2%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.9% | -3.3% | -1.1% | |
| Q4 2025 | +2.2% | +11.6% | +1.8% | |
| Q3 2025 | -0.6% | +0.6% | -0.2% | |
| Q1 2025 | +10.1% | +11.2% | +15.5% | |
| Q4 2024 | -5.1% | -6.9% | -0.6% | |
| Q3 2024 | -3.4% | -6.1% | -0.4% | |
| Q2 2024 | -7.5% | -12.2% | -11.4% | |
| Q1 2024 | -0.3% | +4.4% | -4.3% | |
| Q4 2023 | -2.5% | -4.9% | -6.5% | |
| Q3 2023 | +4.8% | +6.8% | +1.2% | |
| Q2 2023 | -3.2% | -2.6% | -12.9% | |
| Q1 2023 | +2.3% | +1.9% | -10.4% | |
| Q4 2022 | -0.4% | +2.6% | +2.0% | |
| Q3 2022 | -6.9% | -2.6% | +5.9% | |
| Q2 2022 | +4.9% | +1.6% | +6.5% | |
| Q1 2022 | +5.6% | -4.3% | +0.8% | |
| Q4 2021 | +13.1% | +10.7% | +12.1% | |
| Q3 2021 | -3.4% | -1.4% | -7.3% | |
| Q2 2021 | +5.0% | +6.7% | +11.3% | |
| Q1 2021 | -6.6% | -2.3% | -11.4% | |
| Q4 2020 | +1.6% | +3.3% | +13.3% | |
| Q3 2020 | +7.9% | +13.2% | +16.1% | |
| Q2 2020 | +3.5% | +7.1% | +14.3% | |
| Q1 2020 | -2.3% | +3.0% | +23.0% | |
| Q4 2019 | -8.7% | -8.0% | -16.1% | |
| Q3 2019 | -1.1% | +0.9% | +2.6% | |
| Q2 2019 | +0.8% | -4.2% | -10.2% | |
| Q1 2019 | +6.8% | +4.4% | -5.0% | |
| Q4 2018 | -2.3% | -4.4% | +0.9% | |
| Q3 2018 | +8.1% | +10.2% | +12.8% | |
| Q2 2018 | +2.2% | +3.8% | -0.5% | |
| Q1 2018 | -5.5% | -4.0% | +1.5% | |
| Q4 2017 | -2.0% | -3.7% | -6.5% | |
| Q3 2017 | -2.8% | -3.4% | -0.9% | |
| Q2 2017 | +0.2% | +0.1% | -6.8% | |
| Q1 2017 | +1.3% | -0.3% | -0.2% | |
| Q4 2016 | +1.6% | +2.6% | -6.2% | |
| Q3 2016 | -3.3% | -1.2% | +9.3% | |
| Q2 2016 | -0.7% | -0.1% | -2.4% | |
| Q1 2016 | +0.2% | — | — | |
| Q4 2015 | -7.8% | — | — | |
| Q3 2015 | +9.5% | — | — | |
| Q2 2015 | +6.0% | — | — | |
| Q1 2015 | +6.5% | — | — | |
| Q4 2014 | +6.5% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q2 2014 | -5.2% | — | — | |
| Q1 2014 | -1.9% | — | — | |
| Q4 2013 | -4.2% | — | — | |
| Q3 2013 | -8.8% | — | — | |
| Q2 2013 | +4.2% | — | — | |
| Q1 2013 | +1.1% | — | — | |
| Q4 2012 | +3.6% | — | — | |
| Q3 2012 | -1.2% | — | — | |
| Q2 2012 | +10.9% | — | — | |
| Q1 2012 | +5.3% | — | — | |
| Q4 2008 | -0.5% | — | — | |
| Q4 2011 | -0.5% | — | — | |
| Q3 2011 | +2.6% | — | — | |
| Q2 2011 | -12.2% | — | — | |
| Q1 2010 | +2.4% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2010 | +3.7% | — | — | |
| Q3 2009 | +0.2% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q2 2009 | -1.3% | — | — | |
| Q2 2010 | -1.3% | — | — | |
| Q4 2009 | -1.3% | — | — |
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