FMC Corp. (FMC) Tops Q2 EPS by 5c; Offers FY22 Guidance
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FMC Corporation delivers solid second quarter 2022 results, raises full-year revenue guidance
August 2, 2022 4:34 PM EDTFirst half performance driven by strong pricing actions and robust market demand
Second Quarter 2022 Highlights
Revenue of $1.45 billion, an increase of 17 percent versus Q2 2021 and up 21 percent organically1Consolidated GAAP net income of $131 million, down 35 percent versus Q2 2021Adjusted EBITDA of $360 million, up 3 percent versus Q2 2021Consolidated GAAP earnings of $1.06 per diluted share, down 32 percent versus Q2 2021Adjusted earnings per diluted share of $1.93, up 7 percent versus Q2 2021Full-Year Outlook2
Raises revenue outlook to a range of $5.5 to $5.7 billion,... More