FMC Corp reports results for the quarter ended September 30 - Earnings Summary

• FMC Corp FMC reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 76 cents to 95 cents per share.

• Revenue fell 9.8% to $961.30 million from a year ago; analysts expected $1.06 billion.

• FMC Corp's reported EPS for the quarter was a loss of $4.52​.

• The company reported a quarterly loss of $569.3 million.

• FMC Corp shares had fallen by 9.2% this quarter and lost 37.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.3% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the agricultural chemicals peer group is "buy."

• Wall Street's median 12-month price target for FMC Corp is $41.50, about 30% above its last closing price of $29.04

This summary was machine generated from LSEG data October 29 at 11:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)