We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
FMC Secures First Product Registration in Brazil for Sofera Fall
Read MoreHide Full Article
FMC Corporation (FMC - Free Report) has received its first product registration in Brazil for Sofero Fall pheromone. It is the first in its lineup of distinctive pheromone products for row crops, offering growers sustainable pest control methods, managing resistance and boosting productivity. Sofero Fall pheromone targets fall armyworms (Spodoptera frugiperda).
The successful registration of Sofero Fall in Brazil will bring high-performance, sustainable crop protection solutions to growers and help fight against fall armyworms. It is focused on prevention rather than treatment, as it uses an innovative mating disruption technique. Sofero is a sprayable formulation combined with synthetics, biologicals and precision technologies to improve operational efficiency.
FMC is also awaiting registration of Sofero Frugi pheromone, which also targets fall armyworms, in Mexico and is anticipated in 2027. The company plans to extend its portfolio with sustainable pest management programs and strengthen its global reach.
FMC stock has lost 36.1% over the past year compared with the 12.9% decline in the industry.
Image Source: Zacks Investment Research
FMC expects revenues for the first quarter to be in the range of $750 million to $800 million, a 16% decrease at the midpoint from the same period in 2024. Volume is likely to fall as customers in various countries continue to cut inventories, and retailers and growers make cautious purchases in an environment of low commodity prices. Adjusted EPS is projected to be in the range of 5 cents to 15 cents, representing a 72% fall at the midpoint against the first quarter of 2024 due to the reduction in adjusted EBITDA.
The Zacks Consensus Estimate for DRD’s current-year earnings is pegged at $1.06 per share, indicating a 29.3% year-over-year rise. Its shares have soared 80.5% in the past year.
The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in three of the trailing four quarters while missing once, with the average surprise being roughly 77.5%.
The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.95 per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 15.7%. CRS’ shares have soared 116.5% in the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
FMC Secures First Product Registration in Brazil for Sofera Fall
FMC Corporation (FMC - Free Report) has received its first product registration in Brazil for Sofero Fall pheromone. It is the first in its lineup of distinctive pheromone products for row crops, offering growers sustainable pest control methods, managing resistance and boosting productivity. Sofero Fall pheromone targets fall armyworms (Spodoptera frugiperda).
The successful registration of Sofero Fall in Brazil will bring high-performance, sustainable crop protection solutions to growers and help fight against fall armyworms. It is focused on prevention rather than treatment, as it uses an innovative mating disruption technique. Sofero is a sprayable formulation combined with synthetics, biologicals and precision technologies to improve operational efficiency.
FMC is also awaiting registration of Sofero Frugi pheromone, which also targets fall armyworms, in Mexico and is anticipated in 2027. The company plans to extend its portfolio with sustainable pest management programs and strengthen its global reach.
FMC stock has lost 36.1% over the past year compared with the 12.9% decline in the industry.
Image Source: Zacks Investment Research
FMC expects revenues for the first quarter to be in the range of $750 million to $800 million, a 16% decrease at the midpoint from the same period in 2024. Volume is likely to fall as customers in various countries continue to cut inventories, and retailers and growers make cautious purchases in an environment of low commodity prices. Adjusted EPS is projected to be in the range of 5 cents to 15 cents, representing a 72% fall at the midpoint against the first quarter of 2024 due to the reduction in adjusted EBITDA.
FMC’s Zacks Rank and Key Picks
FMC currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are DRDGOLD Limited (DRD - Free Report) , Idaho Strategic Resources, Inc. (IDR - Free Report) and Carpenter Technology Corporation (CRS - Free Report) . DRD, IDR and CRS have a Zacks Rank #2 (Buy) each at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for DRD’s current-year earnings is pegged at $1.06 per share, indicating a 29.3% year-over-year rise. Its shares have soared 80.5% in the past year.
The Zacks Consensus Estimate for IDR’s 2025 earnings is pegged at 78 cents per share, indicating a rise of 16.4% from year-ago levels. IDR’s earnings beat the consensus estimate in three of the trailing four quarters while missing once, with the average surprise being roughly 77.5%.
The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.95 per share. Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 15.7%. CRS’ shares have soared 116.5% in the past year.