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FMC Corporation announces multi-year collaboration with AgroSpheres
Prnewswire· 2024-05-09 20:30
PHILADELPHIA, May 9, 2024 /PRNewswire/ -- FMC Corporation (NYSE:FMC), a leading global agricultural sciences company, today announced a research agreement with AgroSpheres, a biotechnology company pioneering breakthroughs in sustainable crop protection and crop health. The agreement will accelerate the discovery and development of novel bioinsecticides, which is a key part of FMC's long-range strategic plan. The agreement aims to bolster FMC's position as the market leader in insecticides and AgroSpheres' s ...
Has FMC Stock Reached Bottom? First Quarter Earnings Say Yes
MarketBeat· 2024-05-09 11:01
Key PointsFMC stock rose by more than 10% after reporting its first quarter 2024 earnings results, and investors should expect further upside. The agricultural industry's boom may call on FMC's chemicals for crop protection, where fundamental tailwinds come into play. Wall Street analysts see a double-digit upside in price targets and EPS projections.5 stocks we like better than FMCEvidence is mounting to support a bullish outlook for the agricultural sector. A closer look reveals that shares of FMC Co. NYS ...
FMC Corporation earns fifth Responsible Care® Company of the Year Award from the American Chemistry Council
Prnewswire· 2024-05-08 20:30
PHILADELPHIA, May 8, 2024  /PRNewswire/ -- FMC Corporation (NYSE: FMC) was honored today by the American Chemistry Council (ACC) as Responsible Care® Company of the Year for its exemplary commitment to safety and sustainability. The annual award is ACC's highest distinction recognizing excellence and leadership in environmental, health, safety and sustainability (EHS&S) performance. It is the fifth time since 2017 that FMC has been named Responsible Care® Company of the Year. "We are immensely proud to be r ...
FMC (FMC) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-07 21:31
FMC (FMC) reported $918 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 31.7%. EPS of $0.36 for the same period compares to $1.77 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.03 billion, representing a surprise of -10.45%. The company delivered an EPS surprise of +2.86%, with the consensus EPS estimate being $0.35.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they com ...
Amyris Announces Kathy Fortmann as New CEO
Prnewswire· 2024-05-07 20:58
EMERYVILLE, Calif., May 7, 2024 /PRNewswire/ -- Amyris, Inc., a vertically integrated synthetic biology company that creates sustainable, market-ready ingredients utilizing proprietary advanced precision fermentation technology and world-class platforms, today announced that, following the effectiveness of its reorganization, Amyris has appointed Kathy L. Fortmann as Chief Executive Officer ("CEO") effective immediately. Ms. Fortmann brings almost 35 years of global business experience across a range of ind ...
FMC (FMC) - 2024 Q1 - Quarterly Report
2024-05-07 17:37
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 March 31, 2024 or Delaware 94-0479804 (State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.) 2929 Walnut Street Philadelphia Pennsylvani ...
FMC (FMC) - 2024 Q1 - Earnings Call Presentation
2024-05-07 17:23
Q1 2024 Earnings Presentation May 7, 2024 Q1 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 statements ...
FMC (FMC) - 2024 Q1 - Earnings Call Transcript
2024-05-07 17:23
FMC Corporation (NYSE:FMC) Q1 2024 Earnings Conference Call May 7, 2024 9:00 AM ET Company Participants Curt Brooks - Director, Investor Relations Mark Douglas - President and Chief Executive Officer Andrew Sandifer - Executive Vice President and Chief Financial Officer Conference Call Participants Vincent Andrews - Morgan Stanley Josh Spector - UBS Adam Samuelson - Goldman Sachs Kevin McCarthy - Vertical Research Partners Joel Jackson - BMO Capital Markets Steve Byrne - Bank of America Andrew Keches - Barc ...
FMC's Earnings Surpass Estimates, Revenues Lag in Q1
Zacks Investment Research· 2024-05-07 12:56
FMC Corporation (FMC) reported a loss of 2 cents per share in first-quarter 2024. This compares to earnings of $1.55 in the year-ago quarter.Barring one-time items, adjusted earnings per share were 36 cents, beating the Zacks Consensus Estimate of 35 cents.Revenues were $918 million in the quarter, down around 32% from the year-ago quarter’s levels. The top line fell short of the Zacks Consensus Estimate of $1,025.2 million.A 27% decline in volumes hurt FMC’s revenues in the reported quarter.  Prices also f ...
FMC (FMC) Beats Q1 Earnings Estimates
Zacks Investment Research· 2024-05-06 22:46
FMC (FMC) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.86%. A quarter ago, it was expected that this chemical producer would post earnings of $1.09 per share when it actually produced earnings of $1.07, delivering a surprise of -1.83%.Over the last four quarters, the company has ...