06.02.2017 22:38:51

FMC Corp. Announces 14% Gain In Q4 Earnings

(RTTNews) - FMC Corp. (FMC) reported a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $118.8 million, or $0.88 per share. This was up from $103.8 million, or $0.77 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.89 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.7% to $865.6 million. This was down from $899.3 million last year.

FMC Corp. earnings at a glance:

-Earnings (Q4): $118.8 Mln. vs. $103.8 Mln. last year. -Earnings Growth (Y-o-Y): 14.5% -EPS (Q4): $0.88 vs. $0.77 last year. -EPS Growth (Y-o-Y): 14.3% -Analysts Estimate: $0.89 -Revenue (Q4): $865.6 Mln vs. $899.3 Mln last year. -Revenue Change (Y-o-Y): -3.7%

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