AGCO publishes Q3 2026 earnings call transcript
AGCO•AGCO lowered its full-year sales guidance to $9.8 billion-$10 billion and expects adjusted EPS of about $5.50. Third-quarter net sales fell 8.6% to about $2.3 billion, while adjusted EPS declined to $1.05 from $1.35.
1. Guidance and results
AGCO’s October 29 third-quarter earnings call featured CEO Eric Hansotia and CFO Indira Agarwal. Management lowered full-year sales guidance to $9.8 billion-$10 billion and expects adjusted EPS of approximately $5.50. Quarterly net sales fell 8.6% to approximately $2.3 billion, and adjusted EPS declined to $1.05 from $1.35.
2. Outlook and cost savings
Hansotia expects some recovery in 2027, though Latin America will probably require production below retail demand. Cost initiatives remain on track to deliver $60 million-$70 million in benefits this year, with $40 million of savings carrying over into 2027.
