secwatch.observer — SEC 8-K summary
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Issuer:     FMC CORP (FMC)
CIK:        0000037785
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0000037785-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37785/000003778524000017/0000037785-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37785/000003778524000017/fmc-20240205.htm
  HTML page:      https://secwatch.observer/filing/0000037785-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer