FMC - Why Chemical Company FMC's Shares Are Plummeting Today | Benzinga
Chemical manufacturing company FMC Corp's (NYSE: FMC) shares are plunging after the company updated its third-quarter and FY23 outlook.
The company now expects its Q3 revenue to be $982 million, down from the previous $1.19 billion - $1.27 billion, and against the estimate of $1.21 billion.
The adjusted EPS for Q3 is expected to be $0.44, down from the prior outlook of $0.90 - $1.32, against the $1.02 estimate.
The company forecasts Q3 Adjusted EBITDA of ...