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FMC Corp. (FMC) reported a profit for its second quarter that climbed from the same period last year.


RTTNews | Aug 3, 2021 04:46PM EDT

16:45 Tuesday, August 3, 2021 (RTTNews.com) - FMC Corp. (FMC) reported a profit for its second quarter that climbed from the same period last year.

The company's bottom line came in at $202.9 million, or $1.56 per share. This compares with $184.4 million, or $1.41 per share, in last year's second quarter.

Excluding items, FMC Corp. reported adjusted earnings of $235.2 million or $1.81 per share for the period.

Analysts had expected the company to earn $1.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.9% to $1.24 billion from $1.16 billion last year.

FMC Corp. earnings at a glance:

-Earnings (Q2): $235.2 Mln. vs. $224.0 Mln. last year.-EPS (Q2): $1.81 vs. $1.72 last year.-Analysts Estimate: $1.78-Revenue (Q2): $1.24 Bln vs. $1.16 Bln last year.

-Guidance:Next quarter EPS guidance: $1.23 to $1.39Next quarter revenue guidance: $1.13 to $1.22 BlnFull year EPS guidance: $6.54 to $6.94Full year revenue guidance: $4.9 to $5.1 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3215407/fmc-corp-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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