Earnings Preview for FMC

On Tuesday, August 04, FMC FMC will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Based on FMC management projections, analysts predict EPS of $1.66 on revenue of $1.21 billion. FMC reported a profit of $1.660 per share when it published results during the same quarter last year. Sales in that period totaled $1.21 billion. If the company were to match the consensus estimate when it reports Tuesday, earnings would have not changed. Sales would be up 2.42% on a year-over-year basis. FMC's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares of FMC are up 26.35%.

Given these returns, long-term shareholders are probably less than satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. FMC is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.fmc.com%2Fevents-and-presentations%2Fevent-details%2F2020%2FQ2-2020-FMC-Corporation-Earnings-Conference-Call%2Fdefault.aspx&eventid=2463348&sessionid=1&key=715A8F75004013B9BE77D34B4C437352&regTag=&sourcepage=register