FMC Guides FY24 Revenues In Line With Estimates

RTTNews | 599 days ago
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.

read more
FMC Appoints Chairman Pierre Brondeau To Addl. Role Of CEO To Succeed Mark Douglas

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.
RTTNews | 391 days ago
FMC Slashes Q3 Outlook; Stock Plunges 13%

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.
RTTNews | 623 days ago
FMC Slashes Q2, FY23 Revenue Outlook

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.
RTTNews | 728 days ago
European Shares Set For Lower Open With Focus On US Tariffs

European Shares Set For Lower Open With Focus On US Tariffs

European stocks look set to open broadly lower on Tuesday after U.S. President Donald Trump imposed new tariff rates on partners including Japan and South Korea but left the door open for additional negotiations, saying that the earlier notifications were "not 100 percent firm."
RTTNews | 15 minutes ago
European Economic News Preview: Germany Foreign Trade Data Due

European Economic News Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany and France are due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to release Germany's foreign trade data for May. Exports are forecast to remain flat in May after falling 1.7 percent in April. The trade surplus is seen at EUR 18.1 billion compared to April's EUR 14.6 billion surplus.
RTTNews | 29 minutes ago
Mild Selling Pressure Tipped For Thai Stock Market

Mild Selling Pressure Tipped For Thai Stock Market

The Thai stock market ticked higher again on Monday, one session after ending the four-day winning streak in which it had surged almost 50 points or 4.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,125-point plateau and it's likely to remain rangebound again on Tuesday.
RTTNews | 3h 52min ago