American chemical manufacturing company FMC Corporation (FMC), a major producer of insecticides and crop protection products, saw its stock plunge after a disappointing fourth quarter earnings report.

The company expects adjusted earnings per share (EPS) forecasts for its current first quarter fell short of analyst estimates for $4.40. Falling crop prices and tariff concerns also contributed to the negative stock moves.

Watch the video above to hear Market Domination anchors Josh Lipton and Julie Hyman discuss the latest on the company’s disappointing performance.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Josh Lynch

Video Transcript

First up, we’ve got to look at FMC Corporation.

Those shares plunging as the company’s forecast disappoints and fuels some growth concerns.

What is FMC, you might ask?

Well, guess what?

It’s a huge maker of insecticides, crop protection products, as they call it.

They sell those products all over the globe, and FMC is actually in the S&P 500.

It is the worst performing stock in the S&P today.

Listen to this.

The company’s forecast for the full year for adjusted.

Earnings per share is at most $3.70.

Analysts had been looking for 440.

Josh, yeah, this one is trending at the lowest intraday level since 2016.

CEOs saying the company needs a stronger reset than what I thought initially.

Analysts are weigh in.

RBC downgrades it to sector perform, talks about how the Q4 was solid, but weak organic growth, Forex headwinds.

Morgan Stanley cut the target to 46.

Doesn’t think investors, they say reengage with this one until they show they can reach 2025 EBA guidance of between 870 and 950 among other bogies they’re looking for.

Yeah, I mean this has a lot to do with what’s going on in the agricultural markets, crop prices falling.

There’s also, of course, concerns now about tariffs and whether that’s going to weigh on the market.

The CEO of the company Pierre Bronre said the company needs a stronger reset than what I thought initially, and it sounds like investors were listening to that message.