FMC FMC announces its next round of earnings this Tuesday, August 03. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
FMC EPS is expected to be around $1.78, according to sell-side analysts. Sales will likely be near $1.23 billion. FMC EPS in the same period a year ago totaled $1.72. Sales were $1.16 billion.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 3.49%. Revenue would be up 6.49% from the year-ago period. Here is how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.51 | 1.44 | 1.11 | 1.66 |
| EPS Actual | 1.53 | 1.42 | 1.22 | 1.72 |
| Revenue Estimate | 1.20 B | 1.16 B | 1.07 B | 1.21 B |
| Revenue Actual | 1.20 B | 1.15 B | 1.08 B | 1.16 B |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Shares of FMC were trading at $106.95 as of July 30. Over the last 52-week period, shares are up 0.37%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. FMC is scheduled to hold the call at 09:00:00 ET and can be accessed here.
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