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AGCO Q2 sales dip 1%, adjusts 2026 EPS forecast to $5.50-$5.75 amid cautious farm demand

Company Fundamentals
30 Jul 2026
PRNewsWire
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Neutral
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AGCO reported a 1.0% decline in net sales to $2.6 billion for Q2 2026, with reported earnings per share at $1.08 and adjusted EPS at $1.43. The company cited cautious equipment purchases by farmers due to economic uncertainty and input cost pressures, leading to a downward revision of its full-year adjusted EPS outlook to $5.50-$5.75. Despite challenges in Latin America and Europe, North American sales rose nearly 20%, supported by high-horsepower tractors. AGCO is focusing on cost management, production alignment, and expanding precision agriculture technologies to navigate the tough market conditions and position for future growth.

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