FMC Corp. (FMC) Misses Q4 EPS by 1c, offers guidance

FMC Corp. (NYSE: FMC) reported Q4 EPS of $1.07, $0.01 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

FMC Corp. sees FY2024 EPS of $3.23-$4.41, versus the consensus of $3.80. FMC Corp. sees FY2024 revenue of $4.5-4.7 billion, versus the consensus of $4.575 billion.

Adjusted EBITDA of $900 million to $1.05 billion, essentially flat to prior year at the midpoint
Restructuring fully underway and expect to receive $50 to $75 million of adjusted EBITDA benefit.

Free cash flow is expected to be in the range of $400 to $600 million, reflecting greater than 100 percent cash flow conversion at the midpoint

For earnings history and earnings-related data on FMC Corp. (FMC) click here.

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