Benzinga | Feb 9, 2021 05:29PM EST

Recap: FMC Q4 Earnings

Shares of FMC (NYSE:FMC) fell in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share fell 19.32% year over year to $1.42, which missed the estimate of $1.44.

Revenue of $1,152,000,000 decreased by 3.76% year over year, which missed the estimate of $1,160,000,000.

Outlook

FMC Sees FY21 EPS $6.65-$7.35 Vs $7.22 Estimates, Sales $4.9B-$5.1B Vs $4.98B Estimates

FMC Sees FY21 Adj. EPS $6.65-$7.35 vs $7.22 Estimate, Sales $4.9B-$5.1B vs $4.98B Est.

Technicals

52-week high: $123.66

Company's 52-week low was at $56.77

Price action over last quarter: Up 11.19%

Company Description

FMC is a pure-play crop chemical company. The company has diversified its sales to create a geographically balanced crop chemical portfolio. Through acquisitions, FMC is now one of the five largest patented crop chemical companies and will continue to develop new products through its research and development pipeline.