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Shares of FMC (NYSE:FMC) fell in after-market trading after the company reported Q4 results.
Quarterly Results
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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
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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.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.