Welcome to our dedicated page for FMC Corporation news (Ticker: $FMC), a resource for investors and traders seeking the latest updates and insights on FMC Corporation stock.
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News
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FMC Corporation (NYSE: FMC) will release its fourth quarter 2023 earnings on February 5, 2024, followed by a webcast conference call on February 6, 2024. The company's stock market performance and financial results will be discussed during the call, which will be open to the public via internet broadcast and telephone.
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End-of-Day
-1.5%
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FMC Corporation (NYSE: FMC) has elected Patrick (Pat) Day as vice president, Financial Planning & Analysis (FP&A), effective January 1, 2024. Day, who brings extensive knowledge of FMC's operations, will join the company's senior management Operating Committee and serve as a key finance leader for the company's restructuring initiatives.
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-1.04%
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FMC Corporation (NYSE: FMC) declares a regular quarterly dividend of 58 cents per share, payable on January 18, 2024, to shareholders of record as of December 29, 2023.
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FMC Corporation (NYSE: FMC) ranks 8th in the Materials and Chemicals Industry and in the top 10% of companies globally for its excellence in Environment, Social and Corporate Governance (ESG). The company moved up 75 spots to rank 60 out of 600 companies on Newsweek's 2024 Most Responsible Companies list. FMC is the only crop protection company to make the list, showcasing its commitment to sustainability and ESG.
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0.29%
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Faruqi & Faruqi, LLP is investigating potential claims against FMC Corporation (NYSE: FMC) regarding a federal securities class action lawsuit. The lawsuit alleges that FMC had lost key legal disputes over its patents in India, misleadingly downplayed the effect of the China Patent Office's rulings invalidating certain key FMC patents, and that numerous competitors were manufacturing and selling generic versions of FMC's top selling insecticide product in India and China at much lower prices than being charged by FMC.
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-2.96%
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FMC Corporation (NYSE:FMC) introduces strategic growth plan, three-year financial goals, and preliminary 2024 outlook, aiming for revenue of $4.65 billion to $4.85 billion and adjusted EBITDA of $1.025 billion to $1.125 billion. The company also initiates a strategic review of non-core assets and outlines longer-term financial aspirations through 2033, including a ten-year revenue aspiration of approximately $2 billion from Plant Health business and new active ingredients in R&D pipeline.
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0.41%
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FMC Corporation (NYSE:FMC) announces its 2024 Full-Year Preliminary Outlook and 2026 Goals at its Investor Day. Revenue expected to increase by 3 percent in 2024, with adjusted EBITDA reflecting an 8 percent increase and a $50-75 million contribution from restructuring actions. The company also outlines long-term financial targets, R&D pipeline, and strategic growth plan.
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-2.32%
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FMC Corporation (NYSE: FMC) finalizes amendment to revolving credit agreement, raising maximum leverage ratio covenant to 6.5 times through June 30, 2024, with step-down to 3.75 times after. Interest coverage ratio covenant also adjusted. Company expects strong cash generation in 2024, prioritizing debt payment and shareholder dividends.
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-1.78%
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FMC Corporation reports a decrease in revenue of 29% in Q3 2023 compared to Q3 2022, with a net loss of $4 million. Adjusted EBITDA decreased by 33% and adjusted earnings per diluted share decreased by 64%. The company lowers its full-year outlook, with a decline in revenue, adjusted EBITDA, adjusted earnings per diluted share, and free cash flow compared to 2022.
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-8.21%
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FMC Corporation reduces third quarter revenue and earnings outlook due to lower volumes in Latin America. Initiates restructuring process in Brazil and launches comprehensive review of total Company cost structure.
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-13.19%
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FMC Corporation
NYSE:FMC
FMC Rankings
FMC Stock Data
7.61B
123.99M
0.93%
95.2%
6.95%
Pesticide and Other Agricultural Chemical Manufacturing
Manufacturing
United States of America
PHILADELPHIA
About FMC
fmc corporation is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. we are proud that our chemistries are helping to grow the world’s food, enabling new innovations in pharmaceutical delivery, enhancing foods and beverages, contributing to a more sustainable energy supply, facilitating the remediation of our environment, and advancing the manufacture of hundreds of essential products.