HighGravityDataFMC Corporation — Oct 29, 2024 release
Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000037785-24-000112
Showing in the filing
Adjusted EPS^
“$1.47 to $1.83”
Period
Q4 FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 18
Revenue outlook for FY2024
“$4.33 billion to $4.44 billion”
Adjusted EBITDA outlook range for FY2024
“$885 million to $915 million”
Target restructuring savings range (adjusted…
“$125 million to $150 million”
Target restructuring savings range for FY2024
“$125 million to $150 million of adjusted EBITDA net benefit”
Tax rate range for FY2024
“13 to 15 percent”
Free cash flow outlook range for FY2024
“$400 million to $500 million”
Revenue for Q4 FY2024
“$1.30 billion to $1.41 billion”
Adjusted EBITDA for Q4 FY2024
“$321 million to $351 million”
Adjusted earnings per diluted share for Q4 FY2024
“$1.47 to $1.83”
Revenue growth at midpoint vs. 2023 for FY2024
“-2%”
Revenue growth at midpoint vs. 2023 for Q4 FY2024
“19%”
Adjusted EBITDA growth at midpoint vs. 2023 for FY2024
“-8%”
Adjusted EBITDA growth at midpoint vs. 2023 for Q4 FY2024
“32%”
Adjusted earnings per diluted share outlook … for FY2024
“$3.16 to $3.52”
Adjusted EPS^ for FY2024
“$3.16 to $3.52”
Adjusted EPS^ for Q4 FY2024
“$1.47 to $1.83”
Adjusted EPS growth at midpoint vs. 2023 for FY2024
“-12%”
Adjusted EPS growth at midpoint vs. 2023 for Q4 FY2024
“54%”
Exhibit 99.1 · the passage around this item
… earlier in the release
We still expect further earnings growth in 2025 from cost tailwinds as well as moderate top line growth as market conditions improve.” Full Year 2024 Outlook 2,3 Q4 2024 Outlook 2,3 Revenue $4.33 to $4.44 billion $1.30 to $1.41 billion Growth at midpoint vs. 2023* -2% 19% Adjusted EBITDA $885 to $915 million $321 to $351 million Growth at midpoint vs. 2023* -8% 32% Adjusted EPS^ $3.16 to $3.52 $1.47 to $1.83 Growth at midpoint vs. 2023* -12% 54% ^Adjusted EPS estimates assume 125.3 million diluted shares for Q4 and full year. *Percentages are calculated using whole numbers. Minor differences may exist due to rounding. Supplemental Information The company will post supplemental information on the web at investors.fmc.com, including its webcast slides for tomorrow’s earnings call, definitions of non-GAAP terms and reconciliations of non-GAAP figures to the most directly comparable GAAP term. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions. FMC, the FMC logo, Cyazypyr and Onsuva are trademarks of FMC Corporation or an affiliate. Page 5 / FMC Corporation reports strong growth in third quarter, confirms full-year outlook adjusted for expected sale of GSS business About FMC FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC’s innovative crop protection solutions – including biologicals, crop nutrition, digita
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.