FMC Corporation (FMC), an agricultural sciences company, reported a net loss from continuing operations of $1.688 billion, or $13.48 per share, for the fourth quarter, compared with a profit of $29.3 million, or $0.23 per share, in the same quarter a year ago. The loss was driven primarily by a non-cash goodwill impairment triggered by the decline in the company's stock price.
Additionally, FMC said its board has authorized to explore strategic options, including a potential sale.
Excluding one-time items, FMC posted adjusted earnings of $1.20 per share, down 33% from a year earlier.
Revenue for the quarter fell to $1.083 billion from $1.224 billion in the prior-year period.
For the first quarter, the company expects revenue of $725 million to $775 million, representing a decline of about 5% at the midpoint from a year earlier. FMC forecast an adjusted loss per share in the range of $0.44 to $0.32 for the quarter.
For the full year, FMC projected revenue between $3.60 billion and $3.80 billion, also reflecting a decline of roughly 5% at the midpoint. The company expects adjusted earnings per share of $1.63 to $1.89.
FMC shares fell more than 2% after hours, after closing at $16.99.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.