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FMC Corp (FMC) Misses Q4 Earnings and Revenue Estimates
FMCFMC (FMC) Zacks Investment Research·2024-02-06 16:46

FMC Corporation (FMC) reported earnings of 8.77pershareinfourthquarter2023comparedwith8.77 per share in fourth-quarter 2023 compared with 2.17 reported in the year-ago quarter.Barring one-time items, adjusted earnings per share were 1.07,missingtheZacksConsensusEstimateof1.07, missing the Zacks Consensus Estimate of 1.09.Revenues were 1,146.1millioninthequarter,downaround291,146.1 million in the quarter, down around 29% from the year-ago quarter’s levels. The top line fell short of the Zacks Consensus Estimate of 1,249.2 million.A 25% decline in volumes impacted FMC’s revenues in the fourth quarter.  A 5% decline in pri ...