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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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495天前
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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727天前
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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832天前
European Economic News Preview: Eurozone Current Account Data Due
Current account from the euro area and producer prices from Germany are due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices for September. Economists expect producer prices to grow 0.1 percent month-on-month, in contrast to the 0.5 percent fall in August.
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3分钟前
Sensex, Nifty Up Firmly In Positive Territory; RIL, Bank Stocks Rally
Indian stocks are up firmly in positive territory Monday morning, led by gains in Reliance Industries, and several stocks from the financial sector.
Positive cues from Wall Street and Asian markets amid easing U.S.-China trade tensions, and some upbeat earnings announcements from big name banks are contributing to the firm undertone in the market.
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4分钟前
Australian Market Swings To Gains In Mid-market
The Australian stock market is swinging to modest gains in mid-market trading on Monday, reversing some of the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 9,000.00 mark, with gains in energy, financial and technology stocks partially offset by steep declines in gold and other mining stocks.
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2小时18分钟前
Asian Markets Track Wall Street Higher
Asian markets are mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain optimistic on easing trade tensions between the U.S. and China after U.S. President Donald Trump said the high tariffs he has threatened on Chinese imports are probably not sustainable, but argued "they forced me to do that." Asian markets closed mostly lower on Friday.
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2小时42分钟前
Sensex, Nifty Look Headed For Firm Start
Indian shares look headed for a bright start Monday morning thanks to positive cues from Wall Street and Asian markets, and slightly easing U.S.-China trade tensions.
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2小时59分钟前
