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 anticipated EPS of $3.14 on revenue of $3.29B.
AGCO shares are down 31% from the beginning of the year, still down 17.37% from its 52 week high of $150.28 set on March 28.
AGCO shares lost 0.14% in pre-market trade following the report.
AGCO follows other major Industrials sector earnings this month
AGCO's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar