secwatch.observer — SEC 8-K summary
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Issuer:     FMC CORP (FMC)
CIK:        0000037785
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000037785-24-000064
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FMC Q1 revenue $918M (-32% YoY); adjusted EPS $0.36 (-80%); maintains FY outlook
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- Revenue $918M, down 32% YoY (31% organic); volume -27%, price -4%, FX headwind 1%.
- GAAP net loss $3M, EPS loss $0.02 (-101% YoY); adjusted EPS $0.36 (-80%), at high end of guidance.
- Adjusted EBITDA $161M, down 56% YoY; restructuring benefit and cost tailwinds partially offset lower volume.
- Cash from operations -$143M, improvement of $708M YoY; free cash flow -$188M, +$727M YoY.
- Full-year outlook unchanged: rev $4.5-4.7B, adj EBITDA $900M-1.05B, adj EPS $3.23-4.41, FCF $400-600M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/37785/000003778524000064/0000037785-24-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/37785/000003778524000064/fmc-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000037785-24-000064

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