FMC (FMC) ZACKS·2024-11-01 14:16FMC's International Revenue Performance - FMC's total revenue for the quarter ended September 2024 was $1.07 billion, marking an 8.5% year-over-year increase [4] - Latin America contributed 47.32% ($504.1 million) of total revenue, exceeding Wall Street expectations by 4.11% [5] - Europe/Middle East/Africa generated $139.3 million (13.07% of total revenue), falling short of analyst projections by 10.42% [6] - Asia accounted for $186.5 million (17.51% of total revenue), surpassing expectations by 6.74% [7] Regional Revenue Trends - Latin America's revenue share increased significantly compared to the previous quarter (29.58%) and year-ago quarter (47.47%) [5] - Europe/Middle East/Africa's revenue share declined from 19.38% in the previous quarter and 15.17% in the year-ago quarter [6] - Asia's revenue share decreased slightly from 18.41% in the previous quarter and 21.10% in the year-ago quarter [7] Future Revenue Projections - Wall Street analysts project FMC's next quarter revenue at $1.36 billion, an 18.8% increase year-over-year [8] - Expected revenue contributions: Latin America 37.8% ($514.83 million), Europe/Middle East/Africa 14.3% ($194.28 million), Asia 19.3% ($263.28 million) [8] - Full-year revenue is projected at $4.38 billion, a 2.4% decrease from the previous year [9] Stock Performance and Market Position - FMC's stock increased 1.5% over the past month, outperforming the Zacks S&P 500 composite (-1%) and the Basic Materials sector (-3.4%) [13] - Over three months, FMC shares rose 5.8%, surpassing the S&P 500's 3.6% gain and the sector's 1.6% decline [13] - FMC currently holds a Zacks Rank 3 (Hold), indicating potential market-aligned performance [13]