FMC Earnings Reports

FMC Corporation reported a 7% increase in revenue for Q4 2024, reaching $1.22 billion. Adjusted earnings per share increased by 67% to $1.79. The company's performance was driven by volume growth, particularly from its growth portfolio, and cost discipline, despite headwinds from FX impacts and lower pricing.

FMC Corporation reported a 9% increase in revenue to $1.07 billion, with organic revenue up 12%. Net income increased to $66 million, or $0.52 per diluted share, compared to a net loss in Q3 2023. Adjusted earnings per diluted share rose by 57% to $0.69. The company confirmed its full-year outlook, adjusted for the expected sale of its Global Specialty Solutions (GSS) business.

FMC Corporation reported Q2 2024 revenue of $1.04 billion, a 2% increase compared to Q2 2023, and a GAAP income of $2.35 per diluted share, up 879% versus Q2 2023. Adjusted earnings per diluted share were $0.63, a 26% increase versus Q2 2023. The company has updated its full-year 2024 revenue outlook to $4.30 to $4.50 billion.

FMC Corporation reported a first quarter 2024 revenue of $918 million, a 32 percent decrease compared to the first quarter of 2023. The company experienced a GAAP net loss of $3 million, and adjusted earnings per diluted share were $0.36, down 80 percent versus Q1 2023. Despite sales being impacted by customer inventory management, free cash flow improved significantly, and adjusted EBITDA was at the high end of the guidance range, benefiting from restructuring actions and resilient new product sales in Latin America.

FMC Corporation reported a decrease in revenue for Q4 2023, driven by continued channel destocking and adverse weather in Latin America. However, GAAP net income and earnings per share increased significantly due to one-time tax benefits.

FMC Corporation reported a 29% decrease in revenue to $982 million compared to Q3 2022, driven by volume headwinds from channel destocking, particularly in Brazil. The company reported a GAAP net loss of $4 million, or $0.03 per diluted share, and adjusted earnings of $0.44 per diluted share, a 64% decrease year-over-year.

FMC Corporation's second quarter 2023 results were impacted by abrupt inventory reductions by growers and the distribution channel, leading to a significant decline in revenue and earnings despite steady on-the-ground consumption. The company delivered results in line with recently adjusted guidance expectations.

FMC Corporation reported first quarter 2023 revenue of $1.34 billion, flat versus first quarter 2022, and up 4 percent organically. The company reported earnings of $1.55 per diluted share in the first quarter, a decrease of 6 percent versus first quarter 2022. First quarter adjusted earnings were $1.77 per diluted share, down 6 percent versus first quarter 2022.

FMC Corporation reported a 15% increase in fourth-quarter revenue, reaching $1.62 billion, driven by robust volume and strong pricing. The company's GAAP earnings per diluted share increased by 45% to $2.17, while adjusted earnings per diluted share rose by 12% to $2.37.

FMC Corporation reported a 15% increase in revenue to $1.38 billion for Q3 2022, driven by strong volume and pricing. However, consolidated GAAP net income decreased by 27% to $118 million, with adjusted earnings per diluted share down 14% to $1.23.

FMC Corporation reported a 17% increase in revenue to $1.45 billion for Q2 2022, driven by strong market demand and pricing. The company's adjusted earnings per diluted share increased by 7% to $1.93. FMC raised its full-year revenue guidance to a range of $5.5 to $5.7 billion.

FMC Corporation reported a strong first quarter with revenue of $1.35 billion, a 13% increase versus Q1 2021. Consolidated GAAP net income was $212 million, up 16% versus Q1 2021, and adjusted earnings per diluted share were $1.88, up 23% versus Q1 2021. The company maintains its full-year growth outlook.

FMC Corporation reported record fourth quarter 2021 results with revenue of $1.41 billion, an increase of 23 percent versus fourth quarter 2020. On a GAAP basis, the company reported earnings of $1.52 per diluted share in the fourth quarter. Adjusted earnings were $2.16 per diluted share, an increase of 52 percent versus fourth quarter 2020.

FMC Corporation reported a strong third quarter with revenue of $1.19 billion, a 10% increase compared to Q3 2020. Consolidated GAAP net income was $160 million, up 43% versus Q3 2020, and adjusted earnings per diluted share were $1.43, up 17% versus Q3 2020. The company maintains its full-year guidance and remains confident in its ability to deliver the fourth quarter forecast.

FMC Corporation reported second quarter 2021 revenue of $1.2 billion, an increase of 8 percent versus second quarter 2020. On a GAAP basis, the company reported earnings of $1.56 per diluted share in the second quarter, an increase of 11 percent versus second quarter 2020. Second quarter adjusted earnings were $1.81 per diluted share, an increase of 5 percent versus second quarter 2020.

FMC Corporation reported Q1 2021 revenue of $1.2 billion, a 4% decrease compared to Q1 2020. GAAP net income was $183 million, down 11% year-over-year, and adjusted EBITDA was $307 million, a 14% decrease. The company maintains its full-year revenue forecast of $4.9 to $5.1 billion and raised its adjusted earnings forecast to $6.70 to $7.40 per diluted share.

FMC Corporation's fourth quarter revenue was approximately $1.15 billion, a decrease of 4 percent versus fourth quarter 2019. On a GAAP basis, the company reported earnings of $0.38 per diluted share in the fourth quarter, compared to a loss of $0.02 per diluted share in the fourth quarter 2019. Adjusted earnings were $1.42 per diluted share, a decrease of 19 percent versus fourth quarter 2019.

FMC Corporation reported a 7 percent increase in third quarter revenue to $1.08 billion compared to Q3 2019. Consolidated GAAP net income increased by 25 percent to $112 million, with adjusted EBITDA up 20 percent to $263 million. The company raised its full-year outlook for revenue, adjusted EBITDA, and adjusted earnings per share.

FMC Corporation reported a revenue of $1.16 billion for Q2 2020, a decrease of 4% compared to Q2 2019, but an organic sales growth of 3%. The company's GAAP earnings were $1.41 per diluted share, up 7% versus Q2 2019, and adjusted earnings were $1.72 per diluted share, up 4% versus Q2 2019. FMC also raised its full-year 2020 guidance.

FMC Corporation reported a 5% increase in revenue to $1.25 billion for Q1 2020 compared to Q1 2019, with organic revenue growth of 9%. Adjusted earnings per diluted share increased by 7% to $1.84. The company forecasts solid full-year revenue performance driven by strong organic growth.

FMC Corporation reported fourth quarter 2019 revenue of $1.2 billion, an increase of 9 percent versus recast fourth quarter 2018, driven by higher volumes across all regions. Fourth quarter adjusted earnings were $1.76 per diluted share, an increase of 21 percent versus recast fourth quarter 2018. Total company adjusted EBITDA was $320 million, an increase of 17 percent versus recast fourth quarter 2018 and at the top end of guidance.