FMC Q3 Profit Down - Quick Facts

(RTTNews) - FMC Corp. (FMC) Monday reported third-quarter profit of $17.9 million or $0.13 per share, down from $90.0 million or $0.65 per share in the same period last year.

Adjusted earnings for the quarter was $0.82 per share. On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.83 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 16 percent to $957.4 million from $821.9 million last year. Analysts expected revenues of $959.47 million.

Looking ahead to the fourth quarter, the company has forecast adjusted earnings in a range of $0.90 to $1.00 per share. Analysts currently expect fourth-quarter earnings of $0.99 per share.

For the fiscal 2013, the company currently projects adjusted earnings in the range of $3.74 to $3.84 per share, compared to its prior guidance range of $3.72 to $3.87 per share. Analysts currently expect full-year earnings of $3.83 per share.