1Q earnings: FMC reports $0.36 EPS, missing estimates by $0.13, and $918M revenue, down 31.7% YoY; Q2 guidance: $0.

FMC's Q1 earnings reported $0.36 EPS, missing estimates by $0.13, and revenue of $918M, down 31.7% YoY. Despite this, Q2 guidance is $0.43-0.72 EPS and FY24 guidance is $3.23-4.41 EPS. The company declared a $0.58/share quarterly dividend, and CFO Andrew D. Sandifer bought 2,150 shares. FMC's stock fell $0.87 to $60.98 after the announcement.

May 06, 2024
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