Reports Q3 revenue $1.07B, consensus $1.04B. “We delivered revenue and earnings growth as market conditions improved although at varying rates across the regions,” said Pierre Brondeau, FMC chairman and CEO. “Strong volume growth in Latin America and North America more than offset lower pricing, particularly in Brazil and Argentina which accounted for two-thirds of the total company price decline. Despite suboptimal market conditions, we saw increased demand for new products, specifically fluindapyr-based fungicide products, which confirms the strength of FMC’s innovation pipeline.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FMC:
- FMC Corp (FMC) Q3 Earnings Cheat Sheet
- FMC Corporation initiated with a Neutral at Citi
- FMC Corporation announces distribution agreement with Ballagro Agro
- Swedish battery maker Northvolt to cut 1,600 jobs amid automotive headwinds
- Swedish battery maker Northvolt, cuts workers amid slowing EV sales, WSJ reports