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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
Renewed Support Seen For KOSPI
The South Korea stock market on Tuesday ended the wo-day winning streak in which it had gained almost 200 points or 5 percent on its way to a fresh record closing high. The KOSPI now sits just above the 4,010-point plateau and it's expected to tick higher again on Wednesday.
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6 minutos atrás
Canadian Dollar Advances Against Most Majors
The Canadian dollar firmed against its most major counterparts in the New York session on Tuesday.
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13 minutos atrás
Australia Inflation Data Due On Wednesday
Australia will on Wednesday release Q3 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity.
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1 h 6 min atrás
Swiss Market Ends Notably Lower; Sika, Novartis Decline Sharply
The Switzerland market kept drifting lower and lower after a weak start on Tuesday and eventually ended the day's session firmly in negative territory.
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4 h 49 min atrás
European Stocks Close Mostly Lower As Investors Await Central Banks Rate Decisions
European stocks settled mostly lower on Tuesday as investors reacted a slew of corporate earnings announcements, and awaited the interest rate decisions from several central banks, including the Federal Reserve and the European Central Bank.
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5 h 13 min atrás
