FMC: Q2 Earnings Snapshot

PHILADELPHIA (AP) — PHILADELPHIA (AP) — FMC Corp. (FMC) on Wednesday reported second-quarter profit of $66.7 million.

On a per-share basis, the Philadelphia-based company said it had profit of 53 cents. Earnings, adjusted for one-time gains and costs, came to 69 cents per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The chemical producer posted revenue of $1.05 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $965.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMC at https://www.zacks.com/ap/FMC

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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