FMC Q4 revenue $1.15B, down 29%; adj EPS $1.07 vs $2.38 prior year; FY24 outlook flat EBITDA

FMC CORP

2023-FY EPS reported $10.53 revenue$4,486,800,000

Q4 GAAP EPS $8.77 includes one-time tax benefits from Swiss subsidiary tax incentives.
Full-year 2023 revenue $4.49B (-23%); adj EBITDA $978M (-30%); free cash flow -$524M.
FY2024 guidance: revenue $4.5-4.7B (+2.5% midpoint); adj EBITDA $0.9-1.05B (flat).
Q1 2024 outlook: revenue $925M-1.075B (-26% midpoint); adj EPS $0.21-0.43 (-82%).
Restructuring actions expected to deliver $50-75M adjusted EBITDA benefit in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FMC CORP reported financial results for the three and twelve months ended December 31, 2023.

Period: the three and twelve months ended December 31, 2023
Result: reported results

Exact text from the filing

On February 5, 2024, FMC Corporation issued a press release announcing the financial results for the three and twelve months ended December 31, 2023

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

FMC CORP filing history →

Source: SEC EDGAR

accession 0000037785-24-000017

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