FMC Corp falls on Q2 profit forecast below expectations

FMC

01/05/2025 16:22

** Shares of agrichemicals company FMC Corp FMC.N down 6.5% at $39.19

** Co late on Wednesday forecast Q2 profit below expectations on lower prices after co reported a drop in its Q1 earnings

** FMC expects Q2 adjusted profit to be in the range of 52 cents/shr and 68 cents/shr vs estimate of 74 cents/shr - data compiled by LSEG

    ** Co forecasts adjusted core profit to be in the range of $175 million to $205 million vs estimate of $209.46 million - data compiled by LSEG

** Including session's moves, company's shares down 19.3% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))