FMC: Q4 Earnings Snapshot
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FMC Corp. reported fourth-quarter earnings of $1.1 billion, with net income of $8.77 per share. The results fell short of Wall Street expectations, with analysts estimating earnings of $1.09 per share. Revenue for the period was $1.15 billion, missing forecasts of $1.25 billion. For the year, FMC reported a profit of $1.32 billion, or $10.53 per share, with revenue of $4.49 billion. FMC expects per-share earnings of 21 cents to 43 cents for the current quarter ending in March, with revenue in the range of $925 million to $1.08 billion. Full-year earnings are projected to be in the range of $3.23 to $4.41 per share, with revenue ranging from $4.5 billion to $4.7 billion.
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