FMC Lowers Q4 Adj EPS Guidance from $1.09-$1.33 to $0.56-$0.70 vs $1.06 Est; Lowers Q4 Sales Guidance from $1.060B-$1.200B to $1.040B-$1.140B vs $1.100B Est
FMC (NYSE:FMC) lowers Q4 Adj EPS guidance from $1.09-$1.33 to $0.56-$0.70 vs $1.06 analyst estimate. Lowers Q4 sales outlook from $1.060 billion-$1.200 billion to $1.040 billion-$1.140 billion vs $1.100 billion estimate.
FMC said it will make less money and sell less stuff than it promised. When a company cuts its own forecast, it signals trouble ahead that investors should watch closely.
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