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FMC CORPORATION

(FMC)
  Report
Delayed Nyse  -  04:03:30 2023-03-30 pm EDT
121.09 USD   +0.58%
03/30FMC CORPORATION : Ex-dividend day for
FA
03/27FMC Corporation announces dates for first quarter 2023 earnings release and webcast conference call
AQ
03/23FMC Corporation announces dates for first quarter 2023 earnings release and webcast conference call
PR
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FMC: Q4 Earnings Snapshot

02/07/2023 | 05:03pm EDT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — FMC Corp. (FMC) on Tuesday reported fourth-quarter earnings of $273.9 million.

The Philadelphia-based company said it had net income of $2.17 per share. Earnings, adjusted for one-time gains and costs, were $2.37 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.32 per share.

The chemical producer posted revenue of $1.62 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.5 billion.

For the year, the company reported profit of $736.5 million, or $5.81 per share. Revenue was reported as $5.8 billion.

For the current quarter ending in March, FMC expects its per-share earnings to range from $1.63 to $1.83. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.54.

The company said it expects revenue in the range of $1.41 billion to $1.45 billion for the fiscal first quarter. Analysts surveyed by Zacks had expected revenue of $1.49 billion.

FMC expects full-year earnings in the range of $7.20 to $8 per share, with revenue ranging from $6.08 billion to $6.22 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMC at https://www.zacks.com/ap/FMC

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights., source Associated Press News

All news about FMC CORPORATION
03/30FMC CORPORATION : Ex-dividend day for
FA
03/27FMC Corporation announces dates for first quarter 2023 earnings release and webcast con..
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03/23FMC Corporation announces dates for first quarter 2023 earnings release and webcast con..
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03/22FMC Corporation to introduce new strategic growth plan at investor day on November 16
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03/20FMC Corporation to introduce new strategic growth plan at investor day on November 16
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03/20FMC Corporation among just six companies in the world to have its net-zero Target by 20..
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03/20North American Morning Briefing: Banking Sector -3-
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03/17Redburn Upgrades FMC to Buy From Neutral, Price Target is $155
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03/16FMC Corporation among just six companies in the world to have its net-zero target by 20..
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03/16FMC Corporation invests in new program to support opportunities in agriculture for yout..
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Analyst Recommendations on FMC CORPORATION
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Financials (USD)
Sales 2023 6 182 M - -
Net income 2023 950 M - -
Net Debt 2023 2 641 M - -
P/E ratio 2023 15,9x
Yield 2023 1,93%
Capitalization 15 153 M 15 153 M -
EV / Sales 2023 2,88x
EV / Sales 2024 2,73x
Nbr of Employees 6 600
Free-Float 66,9%
Chart FMC CORPORATION
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Technical analysis trends FMC CORPORATION
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 18
Last Close Price 121,09 $
Average target price 145,38 $
Spread / Average Target 20,1%
EPS Revisions
Managers and Directors
Mark A. Douglas President, Chief Executive Officer & Director
Andrew David Sandifer Chief Financial Officer & Executive Vice President
Pierre R. Brondeau Chairman
David A. Kotch Director-Information Technology
Kathleen Shelton Chief Technology Officer & Executive VP
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