FMC (FMC) Up 9.8% Since Last Earnings Report: Can It Continue?

Core Viewpoint - FMC Corp reported a loss in Q4 2024, with adjusted earnings per share beating estimates but revenues falling short, indicating mixed performance and potential challenges ahead [2][6]. Financial Performance - FMC reported a loss of 13 cents in Q4 2024, contrasting with earnings of $8.77 in the same quarter last year [2]. - Adjusted earnings per share were $1.79, surpassing the Zacks Consensus Estimate of $1.61 [2]. - Revenues for the quarter were approximately $1.22 billion, a 6.8% increase year-over-year, but below the Zacks Consensus Estimate of $1.32 billion [2]. - For the full year, FMC's revenues totaled around $4.25 billion, reflecting a 5.4% decrease from the previous year, with net income down 74.1% to $341.1 million [6]. Regional Sales Performance - North America sales increased 23% year-over-year to $340 million, although it missed the Zacks Consensus Estimate of $347.5 million [4]. - Latin America sales declined 10% year-over-year to $390 million, missing the Zacks Consensus Estimate of $516.9 million [4]. - Asia revenues rose 10% year-over-year to $307 million, exceeding the Zacks Consensus Estimate of $273.7 million [5]. - EMEA experienced an 18% year-over-year sales increase, reaching $188 million, beating the Zacks Consensus Estimate of $183 million [5]. Guidance and Future Outlook - Projected revenues for Q1 2025 are expected to be between $750 million and $800 million, indicating a 16% decrease at the midpoint from the same period in 2024 [8]. - Full-year 2025 revenues are anticipated to be in the range of $4.15 billion to $4.35 billion, roughly steady at the midpoint and up 3% after accounting for lost revenues from the GSS business divestiture [9]. - Adjusted EPS for 2025 is estimated to be between $3.26 and $3.70 per share, consistent with the previous year at the midpoint [9]. Market Sentiment and Estimates - There has been a downward trend in estimates, with the consensus estimate shifting down by 96.2% [10]. - FMC currently holds a Zacks Rank 5 (Strong Sell), indicating expectations of below-average returns in the coming months [12].