05:10 PM EDT, 05/06/2024 (MT Newswires) -- FMC (FMC) reported Q1 adjusted earnings late Monday of $0.36 per diluted share, down from $1.77 a year earlier.

Analysts polled by Capital IQ expected $0.34.

Revenue for the quarter ended March 31 was $918 million, down from $1.34 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.01 billion.

The company said it expects Q2 adjusted EPS between $0.43 and $0.72 and revenue between $1.00 billion and $1.15 billion.

Analysts polled by Capital IQ expect $0.67 and $1.05 billion.

The company expects full year 2024 adjusted EPS between $3.23 and $4.41 and revenue between $4.5 billion and $4.7 billion.

Analysts surveyed by Capital IQ expect $3.81 and $4.53 billion.

Shares of the company were down 1.6% in after-hours trading.

Price: 60.00, Change: -0.98, Percent Change: -1.61