FMC Cuts Q4 Revenue Outlook From $1.66 B-$1.78B To $1.139B-$1.379B, Est $1.67B
Portfolio Pulse from Benzinga Newsdesk
FMC Corporation has revised its Q4 revenue outlook downwards from $1.66 billion-$1.78 billion to $1.139 billion-$1.379 billion, against an estimated $1.67 billion.

October 23, 2023 | 12:00 pm
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FMC Corporation's downward revision of its Q4 revenue outlook may negatively impact its stock price in the short term.
Companies often see their stock prices fall when they lower their revenue outlooks, as this can indicate potential problems with sales, market conditions, or internal operations. In this case, FMC's significant reduction in its Q4 revenue outlook could lead investors to sell their shares, driving the price down in the short term.
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