FMC Stock Plunges 34% After Disappointing Q4 Results and Weak Outlook

The agricultural sciences company reported a surprise net loss, missed revenue expectations, and faces growing concerns over debt and dividend sustainability.

• FMC Corporation reported a surprise net loss of $16 million for Q4 2024, compared to analyst expectations of a $182.3 million profit.
• Quarterly revenue reached $1.22 billion, falling short of the $1.31 billion analyst consensus despite a slight year-over-year increase.
• The company's stock dropped 34% to its lowest level since 2016, making it the worst performer in the S&P 500 on Wednesday.
• Analysts downgraded FMC stock, citing weak Q1 2025 guidance, limited growth prospects, and heightened competition in key product segments.
• Concerns over leverage and the sustainability of the company's $300 million annual dividend have raised the risk of a potential credit rating downgrade.

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