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Market Overview

Earnings Preview: FMC

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FMC (NYSE:FMC) unveils its next round of earnings this Tuesday, February 09. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts expect FMC earnings of $1.44 per share. Revenue will likely be around $1.16 billion, according to the consensus estimate. In the same quarter last year, FMC reported earnings per share of $1.76 on revenue of $1.20 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 18.18% decrease in the company's earnings. Sales would be down 3.09% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 1.11 1.66 1.78 1.54
EPS Actual 1.22 1.72 1.84 1.76
Revenue Estimate 1.07 B 1.21 B 1.24 B 1.19 B
Revenue Actual 1.08 B 1.16 B 1.25 B 1.20 B

Stock Performance

Shares of FMC were trading at $115.18 as of February 05. Over the last 52-week period, shares are up 9.62%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not 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.

 

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Posted-In: BZI-EPEarnings