FMC Guides Fourth-Quarter Adjusted EPS to $0.56-$0.70
FMC is trading near its 52-week low of $4.37 (7.6% above the low) on elevated volume (2.1× avg).
Summary
FMC put fourth-quarter adjusted EPS at $0.56 to $0.70 a share. That is the first forward profit figure since the October 15th guidance shock, when the company cut third-quarter revenue to $65M-$125M and guided adjusted EBITDA to negative $565M-$510M. The third quarter has now come in with revenue of $106M, a loss of $15.54 a share and an adjusted loss of $4.41 a share, and the company sees a full-year adjusted loss of $3.66 to $3.50 a share, while FY26 EBITDA is now negative. A positive per-share number for the fourth quarter implies the worst of the charges is expected to land in the third quarter, though the range is wide and the company has already shown it can miss badly. The stock trades near $4.70 with a market value under $1 billion, so the print carries outsized weight. Watch the actual fourth-quarter report for whether the low end holds.
At the time of this announcement, FMC was trading at $4.70 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $738.8M. The 52-week trading range was $4.37 to $30.54. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.