FMC Corp. Posts Q1 Loss From Cont. Ops. On Charges - Quick Facts

(RTTNews) - FMC Corporation (FMC) reported a first-quarter loss from continuing operations to shareholders of $62.4 million or $0.47 per share, compared to profit of $93.8 million or $70 per share, prior year. The company noted that its first quarter results include charges of $130.6 million after tax, or $0.97 per share. Adjusted after-tax profit from continuing operations, attributable to stockholders was $83.8 million or $0.62 per share, for the quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.70 for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $659.4 million from $756.9 million last year. Analysts expected revenue of $780.23 million for the quarter.

For the full year 2015, the company expects adjusted earnings per share to be in the range of $3.10 to $3.40. Analysts expect the company to report fiscal 2015 earnings per share of $3.53.