FMC (FMC)

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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
FMC Corporation announces second quarter earnings at higher end of guidance range; updates full-year outlook Exhibit 99.1 FMC Corporation 2929 Walnut Street Philadelphia, PA 19104 USA 215.299.6000 fmc.com Media contact: Nicole Canning +1.215.299.5916 Nicole.Canning@fmc.com Investor Contact: Curt Brooks +1.215.299.6137 Curt.Brooks@fmc.com Volume growth and restructuring savings drive year-over-year earnings improvement Second Quarter 2024 Highlights Full-Year Outlook 2 PHILADELPHIA, July 31, 2024 – FMC Corpo ...
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. ...
FMC: Fertile But Risky Grounds
Seeking Alpha· 2024-07-14 16:13
JHVEPhoto/iStock Editorial via Getty ImagesIn the summer of 2022 I believed that FMC (NYSE:FMC) was boosting yields, for farmers and investors. That upbeat stance has been utterly wrong, as a $100 stock has nearly halved, while markets at large have been setting new highs. The company has taken on too much leverage and has been hurt by de-stocking trends, soft execution and some patent issues in its portfolio, all of which made FMC become a huge underperformer. If the company can stick to its outlook af ...
FMC Corp (FMC) Divests GSS Business to Envu for $350 Million
ZACKS· 2024-07-12 15:11
FMC Corporation (FMC) announced a definitive agreement to sell its Global Specialty Solutions (GSS) business to Environmental Science US, LLC, known as Envu. Dedicated to innovations that enhance environmental health, Envu will acquire the GSS business for $350 million, subject to closing working capital adjustment.In November 2023, FMC disclosed its plans to explore strategic options for GSS, which offers a diverse range of products for non-crop markets such as golf courses, professional sports stadiums an ...
FMC Corporation signs definitive agreement to sell Global Specialty Solutions business to Envu
Prnewswire· 2024-07-11 22:15
PHILADELPHIA, July 11, 2024 /PRNewswire/ --FMC Corporation (NYSE:FMC), a leading global agricultural sciences company, today announced it has signed a definitive agreement to sell its Global Specialty Solutions (GSS) business to Environmental Science US, LLC, known as Envu, an environmental science company providing innovations that protect and enhance the health of environments around the world. Envu will purchase the GSS business for a purchase price of $350 million, subject to closing working capital adj ...
FMC Corporation announces dates for second quarter 2024 earnings release and webcast conference call
Prnewswire· 2024-06-19 20:30
PHILADELPHIA, June 19, 2024 /PRNewswire/ --FMC Corporation (NYSE: FMC) announced today it will release its second quarter 2024 earnings on Wednesday, July 31, 2024, after the stock market close via PR Newswire and the company's website https://investors.fmc.com.The company will host a webcast conference call on Thursday, August 1, 2024 at 9:00 a.m. ET that is open to the public via internet broadcast and telephone.Conference Call Details:Internet broadcast: https://investors.fmc.comUnited States (Local): +1 ...
FMC Corporation Board of Directors appoints Pierre Brondeau chairman and chief executive officer
Prnewswire· 2024-06-11 11:30
FMC president and CEO Mark Douglas steps down from his position.Executive vice president Ronaldo Pereira has been elected FMC president.Company reaffirms second quarter 2024 revenue and earnings guidance ranges.PHILADELPHIA, June 11, 2024 /PRNewswire/ --FMC Corporation (NYSE: FMC) today announced that its Board of Directors has appointed Pierre Brondeau to be chief executive officer in addition to his role as board chairman. He succeeds current president and CEO Mark Douglas, who has stepped down from FMC f ...