FMC Q2 2024 Adj EPS $0.63 Beats $0.55 Estimate, Sales $1.04B Inline
Portfolio Pulse from Benzinga Newsdesk
FMC Corporation (NYSE:FMC) reported Q2 2024 adjusted earnings per share (EPS) of $0.63, surpassing the analyst consensus estimate of $0.55 by 14.55%. The company also reported quarterly sales of $1.04 billion, in line with expectations and representing a 2.46% increase from the same period last year.
July 31, 2024 | 8:31 pm
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FMC Corporation reported Q2 2024 adjusted EPS of $0.63, beating the $0.55 estimate by 14.55%. Sales were $1.04 billion, in line with expectations and up 2.46% YoY.
FMC's better-than-expected EPS and in-line sales performance are likely to positively impact the stock price in the short term. Beating EPS estimates by a significant margin often boosts investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100