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Compared to Estimates, FMC (FMC) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-02 23:01
FMC (FMC) reported $1.04 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 2.4%. EPS of $0.63 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of +4.33% over the Zacks Consensus Estimate of $995.3 million. With the consensus EPS estimate being $0.50, the EPS surprise was +26.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...
FMC (FMC) - 2024 Q2 - Quarterly Report
2024-08-01 17:52
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q _______________________________________________________________________ ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 For the transition period from _______ to _______ Commiss ...
FMC (FMC) - 2024 Q2 - Earnings Call Transcript
2024-08-01 17:25
FMC Corporation (NYSE:FMC) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Curt Brooks - Director of IR Pierre Brondeau - Chairman and the CEO Andrew Sandifer - EVP and CFO Ronaldo Pereira - President Conference Call Participants Christopher Parkinson - Wolfe Research Partners Josh Spector - UBS Vincent Andrews - Morgan Stanley Arun Viswanathan - RBC Capital Frank Mitsch - Fermium Research Richard Garchitorena - Wells Fargo Edlain Rodriguez - Mizuho Benjamin Theurer - Barclay ...
FMC's Earnings and Revenues Surpass Estimates in Q2
ZACKS· 2024-08-01 13:41
FMC Corporation (FMC) reported earnings of $2.35 per share in second-quarter 2024, up from earnings of 24 cents in the year-ago quarter.Barring one-time items, adjusted earnings per share were 63 cents, beating the Zacks Consensus Estimate of 50 cents.Revenues were $1,038.4 million in the quarter, up around 2% from the year-ago quarter’s levels. The top line surpassed the Zacks Consensus Estimate of $995.3 million.The top line in the reported quarter was driven by a 14% year-over-year rise in volumes.  This ...
FMC (FMC) - 2024 Q2 - Earnings Call Presentation
2024-08-01 13:17
Q2 2024 Earnings Presentation August 1, 2024 Q2 2024 Earnings Presentation FMC CORPORATION 1 Safe Harbor Statement Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements made in this presentation are forward-looking statements that are based on our current views and assumptions regarding future events, future business conditions and the outlook for our company based on currently available information. In some cases, you can identify these forward-looking stateme ...
FMC (FMC) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-31 22:46
FMC (FMC) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26%. A quarter ago, it was expected that this chemical producer would post earnings of $0.35 per share when it actually produced earnings of $0.36, delivering a surprise of 2.86%.Over the last four quarters, the company has sur ...
FMC (FMC) - 2024 Q2 - Quarterly Results
2024-07-31 20:43
Exhibit 99.1 FMC Corporation 2929 Walnut Street Philadelphia, PA 19104 USA News Release 215.299.6000 fmc.com For Release: Immediate Media contact: Nicole Canning +1.215.299.5916 Nicole.Canning@fmc.com Investor Contact: Curt Brooks +1.215.299.6137 Curt.Brooks@fmc.com FMC Corporation announces second quarter earnings at higher end of guidance range; updates full-year outlook Volume growth and restructuring savings drive year-over-year earnings improvement Second Quarter 2024 Highlights 1 • Revenue of $1.04 bi ...
FMC Corporation announces second quarter earnings at higher end of guidance range; updates full-year outlook
Prnewswire· 2024-07-31 20:30
Volume growth and restructuring savings drive year-over-year earnings improvement Second Quarter 2024 HighlightsRevenue of $1.04 billion, up 2 percent versus Q2 2023 and up 4 percent organically1Consolidated GAAP net income of $295 millionAdjusted EBITDA of $202 million, up 8 percent versus Q2 2023Consolidated GAAP income of $2.35 per diluted shareAdjusted earnings per diluted share of $0.63, up 26 percent versus Q2 2023GAAP cash from operations of $292 million, an increase of $161 million versus Q2 2023Fre ...
FMC Corporation Declares Quarterly Dividend
Prnewswire· 2024-07-19 20:30
PHILADELPHIA, July 19, 2024 /PRNewswire/ -- FMC Corporation (NYSE: FMC) announced today that its board of directors declared a regular quarterly dividend of 58 cents per share, payable on October 17, 2024, to shareholders of record as of the close of business on September 30, 2024.   About FMCFMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative cro ...
FMC Corporation board elects John M. Raines to Board of Directors
Prnewswire· 2024-07-15 20:30
PHILADELPHIA, July 15, 2024 /PRNewswire/ --FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced the election of John M. Raines to the company's Board of Directors, effective July 15, 2024. Raines will serve on the Audit and Sustainability Committees.With a distinguished career in agriculture and consumer goods spanning over three decades, Raines brings a wealth of global experience, having led major agriculture and food businesses across all four regions of the world. ...