FMC Corp (FMC, Financial) is set to release its Q2 2024 earnings on Aug 1, 2024. The consensus estimate for Q2 2024 revenue is $1.04 billion, and the earnings are expected to come in at $0.48 per share. The full year 2024's revenue is expected to be $4.43 billion and the earnings are expected to be $2.91 per share. More detailed estimate data can be found here.
FMC Corp (FMC, Financial) Estimate Trends
Over the past 90 days, revenue estimates for FMC Corp (FMC) for the full year 2024 have declined from $4.54 billion to $4.43 billion, and for 2025 from $4.86 billion to $4.78 billion. Earnings estimates have also seen a decrease, with the full year 2024 estimates moving from $3.40 per share to $2.91 per share, and 2025 estimates from $4.79 per share to $4.54 per share.
FMC Corp (FMC, Financial) Reported History
In the previous quarter of March 31, 2024, FMC Corp's (FMC) actual revenue was $918 million, which missed analysts' revenue expectations of $1.01 billion by -8.93%. FMC Corp's (FMC) actual earnings were -$0.02 per share, which missed analysts' earnings expectations of $0.25 per share by -107.97%. After releasing the results, FMC Corp (FMC) was up by 9.46% in one day.
FMC Corp (FMC, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 17 analysts, the average target price for FMC Corp (FMC) is $69.17 with a high estimate of $90 and a low estimate of $54. The average target implies an upside of 17.36% from the current price of $58.94.
Based on GuruFocus estimates, the estimated GF Value for FMC Corp (FMC, Financial) in one year is $97.70, suggesting an upside of 65.76% from the current price of $58.94.
Based on the consensus recommendation from 20 brokerage firms, FMC Corp's (FMC, Financial) average brokerage recommendation is currently 2.6, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
