FMC (NYSE:FMC – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.470-1.830 for the period, compared to the consensus EPS estimate of 1.740. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion. FMC also updated its FY 2024 guidance to 3.160-3.520 EPS.
FMC Price Performance
Shares of FMC stock traded down $1.62 during trading on Friday, hitting $63.37. 474,926 shares of the company were exchanged, compared to its average volume of 1,694,262. The company has a quick ratio of 1.07, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The firm has a 50 day moving average price of $63.25 and a 200 day moving average price of $60.84. The stock has a market capitalization of $7.91 billion, a price-to-earnings ratio of 5.45, a P/E/G ratio of 1.71 and a beta of 0.85. FMC has a fifty-two week low of $49.49 and a fifty-two week high of $68.72.
FMC (NYSE:FMC – Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The basic materials company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.20. FMC had a return on equity of 7.68% and a net margin of 34.93%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the previous year, the business earned $0.44 earnings per share. The business’s revenue for the quarter was up 8.5% on a year-over-year basis. On average, equities analysts expect that FMC will post 3.3 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on FMC
FMC Company Profile
FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that includes insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.
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