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Investing.com - AGCO reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AGCO announced earnings per share of $3.18 on revenue of $3.1B. Analysts polled by Investing.com EPS of $3.14 on revenue of $3.29B.
AGCO 's are down 31% and is trading at $124.00 , still down 17.37% from its 52 week high of $150.28 set on Monday, March 28, 2022.
AGCO shares lost 0.14% to trade at $124.00 in pre-market trade the report.
AGCO follows other major Industrials sector earnings this month
AGCO's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
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