logo
  

FMC Corp. Q1 adjusted earnings Beat Estimates

FMC Corp. (FMC) reported a profit for first quarter that dropped from the same period last year.

The company's bottom line came in at $182.6 million, or $1.40 per share. This compares with $206.2 million, or $1.58 per share, in last year's first quarter.

Excluding items, FMC Corp. reported adjusted earnings of $200.0 million or $1.53 per share for the period.

Analysts had expected the company to earn $1.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.0% to $1.20 billion from $1.25 billion last year.

FMC Corp. earnings at a glance:

-Earnings (Q1): $200.0 Mln. vs. $239.6 Mln. last year.
-EPS (Q1): $1.53 vs. $1.84 last year.
-Analysts Estimate: $1.51
-Revenue (Q1): $1.20 Bln vs. $1.25 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.68 to $1.88
Next quarter revenue guidance: $1.19 to $1.26 Bln
Full year EPS guidance: $6.70 to $7.40
Full year revenue guidance: $4.9 to $5.1 Bln

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT