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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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504 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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736 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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841 dias atrás
European Shares Seen Tad Lower At Open
European stocks may open a tad lower on Wednesday as investors await the Federal Reserve's interest-rate decision as well as earnings from the five "Magnificent Seven" companies for direction.
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1 h 58 min atrás
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
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2 h 5 min atrás
European Economic News Preview: UK Mortgage Approvals Data Due
Mortgage approvals data from the UK and flash GDP estimates from Spain are due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, Statistics Sweden releases preliminary GDP data for the third quarter. The economy is forecast to grow 0.8 percent sequentially after rising 0.5 percent a quarter ago.
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2 h 9 min atrás
Sensex, Nifty Modestly Higher In Lackluster Trade
Indian shares opened on a positive note Wednesday due to Fed rate cut expectations and signs of easing U.S.-China trade tensions.
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3 h 16 min atrás
Australian Market Sharply Extends Early Losses In Mid-market
The Australian stock market is sharply expending its early losses in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,950 level, despite the broadly positive cues from Wall Street overnight, as domestic inflation jumped higher-than-expected, with weakness in financial and technology stocks.>
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4 h 7 min atrás
