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AGCO Corp. (AGCO) Tops Q3 EPS by 11c; Guides FY11 Above Views

October 25, 2011 7:35 AM EDT
AGCO Corp. (NYSE: AGCO) reported Q3 EPS of $0.87, $0.11 better than the analyst estimate of $0.76. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.02 billion.

AGCO Corp. sees FY2011 EPS of $4.30, versus the consensus of $4.08. AGCO Corp. sees FY2011 revenue of $8.7-$8.8 billion, versus the consensus of $8.62 billion.

For the fourth quarter and full year, 2011 operating margins are expected to improve over 2010 levels.


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