FMC Corp (FMC) plummeted 33.53% in Wednesday's intraday trading session, following the company's disappointing guidance for the first quarter and full-year 2025, which significantly missed analysts' expectations.
The agrichemicals producer forecasted first-quarter revenue in the range of $750 million to $800 million, well below the consensus estimate of around $963.7 million. Additionally, FMC guided for adjusted earnings per share (EPS) between 5 cents and 15 cents, falling far short of the expected 83 cents.
For the full-year 2025, FMC expects revenue between $4.15 billion and $4.35 billion, compared to the consensus estimate of $4.4 billion, and adjusted EPS of $3.26 to $3.70, significantly lower than the consensus of $4.36. The weak guidance was attributed to concerns over inventory destocking across various regions as customers, retailers, and growers remain cautious amid low commodity prices.