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FMC's annual plans and financial health tested following sharp drop in Q3 revenue guidance

Earnings Whispers ·

FMC
FMC FMC Corp
$5.02 -0.20%
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  1. 1FMC's projected Q3 revenue is expected to be between $65 million and $125 million.
  2. 2This is significantly lower than FMC's previous Q3 revenue range of $840 million to $900 million.
  3. 3The Wall Street consensus for Q3 revenue is approximately $96.9 million, representing a roughly 82% decrease in FMC revenue compared to the same period last year.

So what's the key point?

FMC's expected Q3 revenue has dropped much lower than previous plans. Revenue is also expected to decrease significantly compared to what experts predicted.

Source Earnings Whispers · View original ↗

Related 3-line summaries

FMC Corporation shares plunge 35% after lowering Q3 guidance due to weak demand and inventory issues Investing.com +1 · Oct 15Corteva shares jump 12.27% on JPMorgan upgrade The Motley Fool +1 · Oct 7CBRE Group beats Q3 earnings expectations with $443 million Associated Press · 4h ago
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