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FMC Guides FY24 Revenues In Line With Estimates
(RTTNews) - Ahead of its Investor Day later on Thursday, agricultural sciences company FMC Corp. (FMC) initiated preliminary revenue guidance for the full-year 2024 in a range of $4.65 billion to $4.85 billion. It also expects adjusted earnings per share to grow faster than adjusted EBITDA in 2024.
On average, 16 analysts polled by Thomson Reuters expected the company to report revenues of $4.68 billion for the year.
Looking ahead to fiscal 2026, the company now projects revenues between $5.50 billion and $6.0 billion and also expects adjusted earnings per share to grow faster than adjusted EBITDA in 2026.
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FMC Appoints Chairman Pierre Brondeau To Addl. Role Of CEO To Succeed Mark Douglas
Agricultural sciences company FMC Corp. (FMC) announced Tuesday that its Board of Directors has appointed Pierre Brondeau as chief executive officer, in addition to his role as board chairman. He succeeds current president and CEO Mark Douglas, who has stepped down following more than 14 years with the company.
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496 dias atrás
FMC Slashes Q3 Outlook; Stock Plunges 13%
Agricultural sciences company FMC Corp. (FMC) on Monday slashed its earnings and revenue expectations for the third quarter and revenue forecast for the full-year 2023, mainly driven by substantially lower sales volumes in Latin America, particularly destocking in Brazil and to a lesser degree drought in Argentina.
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728 dias atrás
FMC Slashes Q2, FY23 Revenue Outlook
Agricultural sciences company FMC Corp. (FMC) on Monday slashed its revenue guidance for the second quarter and full-year 2023, driven by substantially lower-than-expected volumes due to an abrupt and significant reduction in inventory by channel partners in North America, Latin America and EMEA.
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833 dias atrás
TSX Up Nearly 1%; Materials, Technology Stocks Climb Higher
After opening with a strong positive gap, the Canadian market moved further up north Monday morning, and remains firmly placed in positive territory around mid afternoon, thanks to sustained buying at several counters in technology, materials and financials sectors.
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1h 55min atrás
Swiss Market Ends Slightly Weak After Cautious Session
The Switzerland market recovered after a weak start on Monday, but its stay in positive territory was very brief as investors stayed cautious and refrained from making significant moves.
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2h 38min atrás
European Stocks Close On Firm Note Amid Slightly Easing U.S.-China Trade Tensions
European stocks closed higher on Monday, led by gains in defense stocks amid concerns about Israel - Hamas spat over Gaza ceasefire violation, and U.S. President Donald Trump's comments that there is not any great prospect of peace in Ukraine.
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3h 0min atrás
AWS Recovering After Major Outage Hits Companies, Services Worldwide
Amazon Web Services, following a major outage in its cloud computing service across the world, especiallly the United States, started recovering early Monday. AWS, tech major Amazon's cloud hosting provider, had went offline due to a problem with one of its core database products, affecting millions as it hit the websites and apps of major companies and critical services...
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6h 53min atrás
Bay Street Likely To Open On Positive Note
Higher U.S. and Canadian futures and rising metal prices point to a positive start on Bay Street Monday morning.
The focus will also be on Canadian economic and earnings data.
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7h 58min atrás
