FMC (NYSE:FMC) Issues Earnings Results, Beats Estimates By $0.16 EPS

Key Points

• Beat estimates: FMC reported Q1 EPS of ($0.23) vs. consensus ($0.39), beating by $0.16, and revenue of $762.4M topped expectations; management said adjusted EBITDA exceeded the high end of its range even as GAAP results showed a sizable loss and year‑over‑year declines.
• Guidance shock: The company set FY2026 EPS guidance of $1.63–$1.89 but gave weak Q2 guidance of $0.16–$0.26 (well below Street expectations), which pressured the stock (down ~4.2%).
• Capital actions and insider activity: FMC declared a $0.08 quarterly dividend (2.2% yield) and a director bought 18,072 shares, while institutional ownership stands at about 91.9%, signaling institutional and insider participation despite near‑term headwinds.

FMC (NYSE:FMC - Get Free Report) released its quarterly earnings data on Wednesday. The basic materials company reported ($0.23) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.16, FiscalAI reports. FMC had a positive return on equity of 10.10% and a negative net margin of 64.57%.The business had revenue of $762.40 million for the quarter, compared to analysts' expectations of $744.88 million. During the same period in the prior year, the firm posted $0.18 EPS. The firm's quarterly revenue was down 4.1% on a year-over-year basis. FMC updated its FY 2026 guidance to 1.630-1.890 EPS and its Q2 2026 guidance to 0.160-0.260 EPS.

FMC Stock Down 4.2%

Shares of FMC stock opened at $14.62 on Thursday. The company has a current ratio of 1.32, a quick ratio of 1.00 and a debt-to-equity ratio of 1.32. FMC has a 12 month low of $12.17 and a 12 month high of $44.78. The stock has a market cap of $1.83 billion, a P/E ratio of -0.82, a P/E/G ratio of 1.47 and a beta of 0.51. The company has a 50 day simple moving average of $15.44 and a two-hundred day simple moving average of $16.13.

FMC Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 16th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, June 30th. FMC's payout ratio is -1.79%.

Insider Activity

In other FMC news, Director Michael F. Barry acquired 18,072 shares of the business's stock in a transaction dated Wednesday, March 4th. The stock was purchased at an average price of $13.83 per share, with a total value of $249,935.76. Following the transaction, the director directly owned 19,634 shares in the company, valued at approximately $271,538.22. The trade was a 1,156.98% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.82% of the stock is currently owned by insiders.

Institutional Trading of FMC

Several hedge funds have recently bought and sold shares of FMC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of FMC by 11.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 51,448 shares of the basic materials company's stock worth $2,171,000 after buying an additional 5,091 shares during the period. Armistice Capital LLC purchased a new position in shares of FMC during the 3rd quarter valued at about $204,000. Entropy Technologies LP bought a new position in shares of FMC during the 3rd quarter valued at approximately $267,000. Focus Partners Wealth grew its stake in shares of FMC by 137.7% during the 1st quarter. Focus Partners Wealth now owns 21,427 shares of the basic materials company's stock valued at $904,000 after acquiring an additional 12,414 shares during the period. Finally, State of Tennessee Department of Treasury increased its holdings in FMC by 45.1% in the 2nd quarter. State of Tennessee Department of Treasury now owns 57,504 shares of the basic materials company's stock worth $2,401,000 after acquiring an additional 17,878 shares in the last quarter. Institutional investors own 91.86% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded FMC from a "sell" rating to a "hold" rating in a research note on Sunday, April 5th. Morgan Stanley reduced their price objective on FMC from $17.00 to $15.50 and set an "equal weight" rating for the company in a report on Friday, February 6th. Royal Bank Of Canada boosted their target price on FMC from $14.00 to $16.00 and gave the stock a "sector perform" rating in a research report on Friday, April 24th. Citigroup lowered their target price on shares of FMC from $16.00 to $14.00 and set a "neutral" rating on the stock in a research note on Monday, February 9th. Finally, Bank of America dropped their price target on shares of FMC from $18.00 to $17.00 and set a "neutral" rating on the stock in a report on Thursday, January 8th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, FMC has a consensus rating of "Reduce" and a consensus price target of $19.96.

More FMC News

Here are the key news stories impacting FMC this week:

• Positive Sentiment: Reported Q1 results beat revenue/adjusted EPS expectations — FMC posted revenue roughly in line to slightly above estimates and an adjusted loss smaller than modeled, helping reassure investors that core trends are manageable. Article Title
• Positive Sentiment: Adjusted EBITDA came in above the high end of the company’s internal range and management reaffirmed its full-year adjusted EBITDA and adjusted EPS outlook — a sign management sees the business hitting its revised targets. Article Title
• Positive Sentiment: Insider buying activity and some institutional accumulation noted in filings, which can be supportive for sentiment over the medium term. Article Title
• Neutral Sentiment: Board declared a quarterly dividend of $0.08 per share (payable July 16, 2026), which supports yield-focused investors but is modest relative to capital structure and recent operating volatility. Article Title
• Neutral Sentiment: Legal outcome: a U.S. appeals court backed FMC in a dispute related to Evergreen — reduces a tail legal risk but was not the primary driver of today’s move. Article Title
• Negative Sentiment: Weak near-term guidance shocked the market — Q2 EPS guidance of $0.16–$0.26 is well below the Street consensus (~$0.45) and revenue guidance ($850–$900M) also trails estimates, signaling a softer demand environment or margin pressure in the near term. Article Title
• Negative Sentiment: Large GAAP loss and material year-over-year declines — FMC reported a sizable GAAP net loss and operating loss, with adjusted results down meaningfully YoY and organic revenue down, underscoring near-term margin pressure. Those headlines amplify concern despite the adjusted metrics. Article Title

About FMC

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.