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FMC Corp. Q4 adjusted earnings Beat Estimates

FMC Corp. (FMC) revealed earnings for fourth quarter that decreased from last year.

The company's profit came in at $32.4 million, or $0.24 per share. This compares with $530.1 million, or $3.94 per share, in last year's fourth quarter.

Excluding items, FMC Corp. reported adjusted earnings of $227.9 million or $1.69 per share for the period.

Analysts had expected the company to earn $1.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.5% to $1.22 billion from $0.98 billion last year.

FMC Corp. earnings at a glance:

-Earnings (Q4): $227.9 Mln. vs. $149.7 Mln. last year.
-EPS (Q4): $1.69 vs. $1.10 last year.
-Analysts Estimate: $1.39
-Revenue (Q4): $1.22 Bln vs. $0.98 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.58 - $1.68
Next quarter revenue guidance: $1.18 - $1.21Bln

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