FMC Corp (FMC) Misses Q4 Earnings and Revenue Estimates
FMCFMC (FMC) Zacks Investment Research·2024-02-07 00:46

FMC Corporation (FMC) reported earnings of 8.77pershareinfourthquarter2023comparedwith8.77 per share in fourth-quarter 2023 compared with 2.17 reported in the year-ago quarter. Barring one-time items, adjusted earnings per share were 1.07,missingtheZacksConsensusEstimateof1.07, missing the Zacks Consensus Estimate of 1.09. Revenues were 1,146.1millioninthequarter,downaround291,146.1 million in the quarter, down around 29% from the year-ago quarter’s levels. The top line fell short of the Zacks Consensus Estimate of 1,249.2 million. A 25% decline in volumes impacted FMC’s revenues in the fourth quarter. A 5% decline in p ...