FMC (FMC) Q4 Results: Loss $1.72B, Misses EPS and Revenue Expectations

FMC Corp. (FMC) reported a fourth-quarter loss of $1.72 billion, or $13.74 per share, with adjusted earnings of $1.20 per share. Revenue fell to $1.08 billion, below the $1.15 billion average estimate from six analysts surveyed by Zacks Investment Research. For the year, FMC posted a loss of $2.24 billion, or $17.88 per share, and revenue of $3.47 billion. For the fiscal first quarter ending March 31, the company expects a loss of 32–44 cents per share and revenue of $725M–$775M. It forecast full-year earnings of $1.63–$1.89 per share and revenue of $3.6B–$3.8B.