FMC Corp. (FMC) Misses Q1 EPS by 8c, Sees 7-11% Revenue Growth From FY16-FY20

FMC Corp. (NYSE: FMC) reported Q1 EPS of $0.62, $0.08 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $659.4 million versus the consensus estimate of $780.23 million.

Investor Day Highlights

• Steps to transform portfolio completed
• Revenue growth of 7 to 11 percent per year from 2016 through 2020
• Reaffirms Cheminova synergy target of $120 million delivered in first three years
• Adjusted operating profits growth of 11 to 15 percent per year from 2016 through 2020
• Cash available for redeployment of over $2.5 billion over next five years

For earnings history and earnings-related data on FMC Corp. (FMC) click here.

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