💨 Abstract

Agco Corp., a farm equipment manufacturer based in Duluth, Georgia, reported a first-quarter profit of $10.5 million, beating Wall Street expectations with earnings of 41 cents per share. Revenue was also higher than forecasted, totaling $2.05 billion. The company expects full-year earnings to be between $4 to $4.50 per share, with revenue expected to be $9.6 billion.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖