FMC (NYSE: FMC ) reported earnings on Feb. 6. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), FMC met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share increased significantly.
Gross margins increased, operating margins contracted, net margins grew.
FMC tallied revenue of $1.00 billion. The nine analysts polled by S&P Capital IQ expected to see revenue of $1.01 billion on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $908.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.81. The 12 earnings estimates compiled by S&P Capital IQ predicted $0.81 per share. GAAP EPS of $0.74 for Q4 were 37% higher than the prior-year quarter's $0.54 per share. (The prior-year quarter included -$0.06 per share in earnings from discontinued operations.)
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 34.1%, 180 basis points better than the prior-year quarter. Operating margin was 16.7%, 10 basis points worse than the prior-year quarter. Net margin was 10.2%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.01 billion. On the bottom line, the average EPS estimate is $1.07.
Next year's average estimate for revenue is $4.09 billion. The average EPS estimate is $3.98.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 400 members out of 419 rating the stock outperform, and 19 members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 85 give FMC a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FMC is outperform, with an average price target of $62.00.
Looking for alternatives to FMC? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.