FMC Corporation’s Q2 Earnings Fall Short, Fails to Meet Expectations

**FMC Corp. Reports Decreased Earnings for Q2**

FMC Corp. (FMC) has announced its earnings for the second quarter, revealing a decrease compared to the same period last year and falling short of expectations set by analysts.

**Earnings and Revenue Figures**

For the second quarter, FMC Corp. reported earnings of $30.5 million, or $0.24 per share. This represents a significant drop from the earnings of $134.2 million, or $1.06 per share, recorded in the same quarter of the previous year.

Adjusting for certain items, the company reported adjusted earnings of $62.6 million, or $0.50 per share, for the quarter. However, analysts had expected the company to earn $0.61 per share, based on figures compiled by Thomson Reuters. It is important to note that analysts’ estimates usually exclude any special items.

The revenue for the quarter also experienced a decline, falling by 30.3% from $1.45 billion last year to $1.01 billion this year.

**Guidance for Future Quarters**

FMC Corp. provided guidance for the next quarter and the full year:

– Next quarter EPS guidance: $0.90 to $1.32
– Next quarter revenue guidance: $1.19 to $1.27 billion
– Full year EPS guidance: $5.86 to $6.80
– Full year revenue guidance: $5.20 to $5.40 billion


Please note that the views and opinions expressed in this article are those of the author and do not necessarily reflect those of Nasdaq, Inc.

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