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FMC Corp. (FMC)

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FMC Corp. swung to a loss in third-quarter 2015, hurt by restructuring and acquisition-related charges and currency headwinds. But its adjusted earnings topped the Zacks Consensus Estimate. Revenues rose modestly year over year, but missed expectations. The company backed its earnings guidance for the full year. FMC Corp. is exposed to significant currency headwinds stemming from a rapid depreciation of the Brazilian real. It also faces certain operational challenges in Argentina. Moreover, global crop protection markets remain weak, especially in Brazil. However, FMC Corp. should gain from its strategic investments and new product launches. Moreover, it will benefit from the cost synergies of the Cheminova buyout.


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