FMC Sees FY24 Adj. EPS $3.16-$3.52 vs $3.28 Est., Revenue $4.33B-$4.44B vs $4.364B Est.
Portfolio Pulse from Benzinga Newsdesk
FMC Corporation has released its financial guidance for fiscal year 2024, projecting adjusted EPS between $3.16 and $3.52, which is slightly below the consensus estimate of $3.28. The company also forecasts revenue between $4.33 billion and $4.44 billion, aligning closely with the estimate of $4.364 billion.
October 29, 2024 | 8:32 pm
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FMC Corporation's FY24 guidance shows adjusted EPS slightly below estimates, while revenue aligns closely with expectations. This may indicate cautious investor sentiment.
FMC's projected EPS range is slightly below the consensus estimate, which could lead to a negative short-term reaction from investors. However, the revenue forecast is in line with expectations, which may mitigate some negative sentiment.
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