FMC Corporation Announces Second Quarter 2019 Results and Raises Full-Year Adjusted EPS Outlook

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FMC Corp. (FMC) Tops Q2 EPS by 1c; Raises FY19 EPS Outlook, Affirms FY19 Revenue Views, Q3 EPS Outlook Below Consensus, Q3 Revenues Above Consensus

July 30, 2019 4:41 PM EDT

FMC Corp. (NYSE: FMC) reported Q2 EPS of $1.66, $0.01 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.2 billion.

Revenue of $1.2 billion, up 4.5 percent versus recast Q2 \'18Consolidated GAAP net income of $176 millionTotal company adjusted EBITDA of $338 million, up 6 percent versus recast Q2 '18Consolidated GAAP earnings of $1.32 per diluted shareConsolidated adjusted earnings per diluted share of $1.66, up 11 percent versus recast Q2 '18Completed $100 million in share repurchases, for a total of $200 million in H1... More