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FMC Q3 Adjusted Earnings, Revenue Increase; 2024 Guidance Updated -- Shares Up After Hours
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FMC Q3 Adjusted Earnings, Revenue Increase; 2024 Guidance Updated -- Shares Up After Hours
Nov 3, 2024 2:28 PM

05:18 PM EDT, 10/29/2024 (MT Newswires) -- FMC (FMC) reported Q3 adjusted earnings late Tuesday of $0.69 per diluted share, up from $0.44 a year earlier.

Analysts polled by Capital IQ expected $0.53.

Revenue for the quarter ended Sept. 30 was $1.07 billion, up from $981.9 million a year earlier.

Analysts surveyed by Capital IQ expected $1.04 billion.

The company expects Q4 adjusted EPS between $1.47 and $1.83 and revenue between $1.30 billion and $1.41 billion.

Analysts polled by Capital IQ expect $1.76 and $1.37 billion.

The company updated its full-year 2024 adjusted EPS guidance to between $3.16 to $3.52 from $3.02 and $3.64 previously, and revenue between $4.33 billion to $4.44 billion from between $4.3 billion and $4.5 billion.

Analysts surveyed by Capital IQ expect $3.25 and $4.36 billion, respectively.

Shares were up 4.7% in after-hours activity.

Price: 63.00, Change: +2.82, Percent Change: +4.69

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