** Agrichemicals firm FMC's FMC.N shares sink 21% to $42.69 premarket
** FMC posted Q4 2024 profit of $1.79 cents per share after the markets closed on Tuesday, compared with analysts' average estimate of $1.6 cents per share - data compiled by LSEG
** But it forecast Q1 2025 revenue below Wall Street estimates
** "Another year of inventory destocking will lead to lower sales and profit growth and reduced free cash flow generation. Management's guidance for free cash flow generation is less than its dividend payment. This puts the dividend at risk should sales and profits come in below guidance" - Morningstar analyst Seth Goldstein
** Brokerage cuts PT on FMC to $95 from $110
** Morgan Stanley cuts PT to $46 from $70 on "ongoing financial performance challenges, execution risk associated with the new strategy and elevated debt leverage"
** As of last close, FMC is up ~11.2% YTD
(Reporting by Seher Dareen in Bengaluru)
((Seher.Dareen@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。