02.08.2016 22:21:25

FMC Corp. Q2 Profit Declines 2%

(RTTNews) - FMC Corp. (FMC) announced earnings for second quarter that decreased from last year.

The company said its earnings declined to $92.8 million, or $0.69 per share. This was down from $94.7 million, or $0.70 per share, in last year's second quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.7% to $810.3 million. This was down from $887.1 million last year.

FMC Corp. earnings at a glance:

-Earnings (Q2): $92.8 Mln. vs. $94.7 Mln. last year. -Earnings Decline (Y-o-Y): -2.0% -EPS (Q2): $0.69 vs. $0.70 last year. -EPS Decline (Y-o-Y): -1.4% -Analysts Estimate: $0.68 -Revenue (Q2): $810.3 Mln vs. $887.1 Mln last year. -Revenue Change (Y-o-Y): -8.7%

-Guidance: Full year EPS guidance: $2.60 to $2.90

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