AGCO Corporation (AGCO) delivered an adjusted earnings per share of 68 cents in third-quarter 2024, missing the Zacks Consensus Estimate of $1.07. The bottom line fell 83% year over year. Low commodity prices and elevated input costs impacted equipment demand in the quarter. Despite the weaker-than-expected earnings, AGCO shares have gained 2% since, backed by the company’s aggressive cost control actions and portfolio adjustments, which will sustain margins amid weak demand. AGCO recently completed the div ...