FMC Corporation Sees FY24 Revenue $4.65B-$4.85B Vs. $4.69B Est., Expects Adj. EPS To Grow Faster Than Adj. EBITDA In FY24
Portfolio Pulse from Benzinga Newsdesk
FMC Corporation projects its FY24 revenue to be between $4.65B and $4.85B, compared to the estimated $4.69B. The company also expects its adjusted EPS to grow at a faster rate than its adjusted EBITDA in FY24.

November 16, 2023 | 12:38 pm
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FMC Corporation anticipates higher FY24 revenue than analysts' estimates and expects adjusted EPS to grow faster than adjusted EBITDA.
FMC Corporation's guidance suggests a positive outlook for FY24, with revenue projections exceeding analysts' expectations. This positive guidance is likely to instill investor confidence and could lead to a short-term increase in the stock price. The expectation of adjusted EPS growing faster than adjusted EBITDA indicates operational efficiency and profitability, which are key drivers for stock performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100