Management increased its expectations for revenue, adjusted EBITDA, and adjusted earnings for the year ahead compared to initial guidance.
News & Analysis: FMC
FMC earnings call for the period ending March 31, 2019.
The agricultural sciences leader reported full-year 2018 operating results, then abruptly sank in early March.
Rising raw materials costs will create a sluggish start to the year, but management thinks price increases will recoup those expenses before the end of 2019.
FMC earnings call for the period ending December 31, 2018.
After March 1, the company will be solely focused on agricultural sciences. It'll need to get to work quickly to shore up its pipeline.
The company's two segments, agricultural solutions and lithium, turned in a strong performance, but concerns over the health of those two industries weighed on shares.
Commodity prices are trending lower, but agriculture businesses with an eye on the future could be buys for investors with a long-term mind-set.
The company's lithium segment successfully completed its listing as a separate publicly traded company -- then saw its shares drop.
FMC earnings call for the period ending September 30, 2018.