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AGCO Corporation shares dropped on July 30, 2026 after the Company reported second-quarter 2026 results that missed both revenue and earnings-per-share expectations and lowered its full-year 2026 outlook.
AGCO reduced its full-year 2026 sales forecast to $10.1 billion to $10.2 billion, down from a prior range of $10.5 billion to $10.7 billion. Full-year adjusted earnings per share guidance was reduced to $5.50 to $5.75, from a prior $5.80 to $6.10.
AGCO manufactures agricultural equipment under brands including Fendt, Massey Ferguson, and Precision Planting, and its results are tied to farm equipment demand across North America, Western Europe, and South America. The investigation concerns whether AGCO adequately disclosed the scale of the demand and production pressures affecting those markets ahead of the July 30 guidance reduction.