Benzinga | Nov 2, 2020 04:51PM EST

Recap: FMC Q3 Earnings

Shares of FMC (NYSE:FMC) rose 4.0% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 29.79% over the past year to $1.22, which beat the estimate of $1.11.

Revenue of $1,085,000,000 up by 7.00% year over year, which beat the estimate of $1,070,000,000.

Looking Ahead

FMC Sees FY20 Sales $4.72B-$4.78B vs $4.74B Estimate, Adj. EPS $6.45-$6.57 vs $6.48 Est.

Price Action

52-week high: $113.73

Company's 52-week low was at $56.77

Price action over last quarter: down 0.06%

Company Overview

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.