FMC (NYSE:FMC) Posts Quarterly Earnings Results, Misses Expectations By $4.49 EPS

FMC (NYSE:FMC) posted its quarterly earnings data on Thursday. The basic materials company reported ($4.41) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($4.49), FiscalAI reports. FMC had a negative return on equity of 23.12% and a negative net margin of 151.18%. The company had revenue of $105.90 million for the quarter, compared to the consensus estimate of $487.63 million. During the same period in the prior year, the firm posted $0.89 earnings per share. The business’s revenue was down 80.5% on a year-over-year basis.

FMC Trading Up 30.7%

Shares of NYSE:FMC traded up $1.46 during midday trading on Friday, hitting $6.21. 17,636,577 shares of the stock traded hands, compared to its average volume of 8,373,926. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 2.38. The business’s 50 day moving average is $9.13 and its two-hundred day moving average is $12.46. The stock has a market capitalization of $777.68 million, a PE ratio of -0.19 and a beta of 0.45. FMC has a one year low of $4.37 and a one year high of $18.29.

Analyst Ratings Changes

FMC has been the subject of several research analyst reports. Wall Street Zen raised FMC from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Citigroup reduced their price objective on FMC from $12.00 to $6.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th. JPMorgan Chase & Co. dropped their target price on FMC from $16.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, July 31st. Seaport Research Partners set a $21.00 target price on FMC in a research note on Tuesday, August 4th. Finally, Mizuho set a $10.00 price target on shares of FMC in a research report on Thursday, October 15th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $11.25.

Key Stories Impacting FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: Management forecast at least $650 million in adjusted EBITDA for 2027, suggesting the company expects its commercial and pricing changes to improve profitability after the current inventory reset. FMC forecasts 2027 adjusted EBITDA and channel-inventory actions
• Positive Sentiment: Operating cash flow was positive at $7 million, while free cash flow improved year over year despite remaining negative. The company also detailed actions intended to remove approximately $672 million of channel inventory and address higher-priced products held by customers.
• Neutral Sentiment: FMC’s earnings call focused on executing the commercial reset and rebuilding demand, with investors seeking evidence that the inventory and pricing issues are temporary rather than a structural deterioration in the agricultural-chemicals business. FMC Q3 2026 earnings call transcript
• Negative Sentiment: Third-quarter revenue plunged to $106 million from $542 million a year earlier, with commercial actions reducing sales by approximately $639 million. Adjusted EBITDA was negative $559 million, and adjusted loss per share was $4.41 versus earnings of $0.89 a year ago. FMC reports third-quarter 2026 results
• Negative Sentiment: FMC lowered its fourth-quarter forecast to revenue of $1.04 billion–$1.14 billion, adjusted EBITDA of $210 million–$230 million and adjusted EPS of $0.56–$0.70. Full-year free cash flow is now expected to range from negative $350 million to negative $150 million. FMC Q3 earnings miss and outlook reduction
• Negative Sentiment: A law firm announced an investigation into potential investor claims following the earnings disclosures, adding legal and reputational risk. Pomerantz investigation into FMC

About FMC

FMC Corporation (NYSE: FMC) is an agricultural sciences company that develops and markets crop protection products and technologies. Its portfolio is designed to help farmers manage weeds, insects and diseases that can affect crop yields and quality.

The company’s products include herbicides, insecticides, fungicides, biological crop protection products and seed treatment solutions. FMC also develops crop health technologies and digital tools intended to support more precise and efficient agricultural applications.

FMC serves farmers, agricultural retailers and distributors in major farming regions around the world, with products used across a broad range of crops.