UPDATE 3-Agco earnings blow past Wall Street forecasts
* Q1 EPS $1.21 vs Street view 86 cents * Raises full-year EPS outlook to $5.50 from $5.00 * Growing share in high-margin businesses * Shares up 8 percent By Scott Malone May 1 (Reuters) - Farm equipment maker Agco Corp said first-quarter earnings surged 50 percent, blowing past Wall Street forecasts, helped by strong sales in North America and a pickup in European demand for agricultural equipment. The results were driven by booming growth in demand for agricultural
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