FMC Corp. (FMC) Tops Q1 EPS by 18c, Offers Guidance

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Go back to FMC Corp. (FMC) Tops Q1 EPS by 18c, Offers Guidance

FMC Corporation delivers strong first quarter results and maintains full-year growth outlook

May 2, 2022 4:32 PM EDT

Strength in global agriculture and focus on pricing more than offset significant cost and FX headwinds

First Quarter 2022 Highlights

Revenue of $1.35 billion, an increase of 13 percent versus Q1 2021 and up 16 percent organically1Consolidated GAAP net income of $212 million, up 16 percent versus Q1 2021Adjusted EBITDA of $355 million, up 16 percent versus Q1 2021Consolidated GAAP earnings of $1.64 per diluted share, up 17 percent versus Q1 2021Adjusted earnings per diluted share of $1.88, up 23 percent versus Q1 2021

Full-Year Outlook2

Maintains revenue outlook of $5.25 to $5.55 billion, reflecting 7 percent... More