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FMC: Q4 Earnings Snapshot

FMC: Q4 Earnings Snapshot

By AP News
Published - Feb 07, 2023, 07:06 PM ET
Last Updated - Jun 22, 2023, 10:48 PM EDT

PHILADELPHIA (AP) — PHILADELPHIA (AP) — FMC Corp. (FMC) on Tuesday reported fourth-quarter earnings of $273.9 million.

The Philadelphia-based company said it had net income of $2.17 per share. Earnings, adjusted for one-time gains and costs, were $2.37 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.32 per share.

The chemical producer posted revenue of $1.62 billion in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $1.5 billion.

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