02.11.2016 22:21:52

FMC Corp. Bottom Line Rises 59% In Q3

(RTTNews) - FMC Corp. (FMC) revealed earnings for its third quarter that climbed compared to the same period last year.

The company said its bottom line totaled $89.7 million, or $0.67 per share. This was higher than $56.4 million, or $0.42 per share, in last year's third quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.8% to $807.7 million. This was down from $830.7 million last year.

FMC Corp. earnings at a glance:

-Earnings (Q3): $89.7 Mln. vs. $56.4 Mln. last year. -Earnings Growth (Y-o-Y): 59.0% -EPS (Q3): $0.67 vs. $0.42 last year. -EPS Growth (Y-o-Y): 59.5% -Analysts Estimate: $0.59 -Revenue (Q3): $807.7 Mln vs. $830.7 Mln last year. -Revenue Change (Y-o-Y): -2.8%

-Guidance: Full year EPS guidance: $2.76 - $2.86

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