FMC

Goldman Sachs slashed its price target by more than half and still told clients to buy. What happened next turned a bad call into a case study in how a correct diagnosis can still destroy a portfolio.

FMC NYSE: FMC reported a third-quarter loss after recording $672 million in charges tied to commercial actions aimed at reducing the value of inventory held by distribution-channel customers and changing its North American pricing model.

On October 29, 2025, FMC (NYSE:FMC | FMC Price Prediction) reported third-quarter results with the stock at $25.68. By the next day's close it had fallen to $15.53.

FMC Corporation ( FMC ) Q3 2026 Earnings Call October 30, 2026 9:00 AM EDT Company Participants Curt Brooks - Director of Investor Relations Pierre Brondeau - President, CEO & Non-Executive Chairman of the Board Andrew Sandifer - Executive VP & CFO Conference Call Participants Vincent Andrews - Morgan Stanley, Research Division Salvator Tiano - KeyBanc Capital Markets Inc., Research Division Matthew DeYoe - BofA Securities, Research Division Patrick Fischer - Goldman Sachs Group, Inc., Research Division Kevin McCarthy - Vertical Research Partners, LLC Laurent Favre - BNP Paribas, Research Division Laurence Alexander - Jefferies LLC, Research Division Lucas Beaumont - UBS Investment Bank, Research Division Presentation Operator Ladies and gentlemen, thank you for joining us, and welcome to the Third Quarter 2026 Earnings Call for FMC Corporation. This event is being recorded.

FMC's Q3 loss widens as pricing actions and weak demand hit sales. Despite a revenue beat, the company lowered its 2026 outlook.

Company provides additional detail on financial impact of previously announced commercial actions Third Quarter 2026 Highlights Revenue of $106 million, down $436 million versus Q3 2025, including an approximately $639 million negative impact from previously announced commercial actions Consolidated GAAP net loss of $2.07 billion, a decline of $1.50 billion versus Q3 2025 driven by non-cash adjustments recorded in connection with deferred tax assets and intangible assets, as well as the commercial actions Adjusted EBITDA of negative $559 million, down $795 million versus Q3 2025, including an approximately $672 million negative impact from the commercial actions Consolidated GAAP net loss of $15.54 per diluted share, down $11.02 versus Q3 2025 Adjusted loss per diluted share of $4.41, down $5.30 versus Q3 2025 GAAP cash from operations of $7 million, an increase of $191 million versus Q3 2025 Free cash flow of negative $18 million, an improvement of $214 million versus Q3 2025 Outlook 1 Fourth quarter revenue excluding India lowered to a range of $1.04 billion to $1.14 billion, essentially flat at the midpoint versus 2025 Fourth quarter Adjusted EBITDA lowered to a range of $210 million to $230 million, a decline of 22 percent at the midpoint Fourth quarter Adjusted earnings per diluted share lowered to a range of $0.56 to $0.70, a decline of 48 percent at the midpoint Full year free cash flow now expected to be negative $350 million to negative $150 million PHILADELPHIA, Oct. 29, 2026 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today reported third-quarter 2026 revenue of $106 million, compared with $542 million in the prior-year period. Third-quarter sales include a $639 million negative impact from the commercial actions announced on October 15, 2026, to modify the company's pricing and rebate model in North America and to address select higher-priced products held by channel customers in key markets.

NEW YORK, Oct. 29, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of FMC Corporation ("FMC" or the "Company") (NYSE: FMC).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

Boston, Massachusetts--(Newsfile Corp. - October 26, 2026) - Block & Leviton is investigating FMC Corp. (NYSE: FMC) for potential securities law violations. Investors who have lost money in their FMC investment should contact the firm to learn more about how they might recover those losses.

FMC shareholders suffered a roughly 31%–46% share-price decline after the Company slashed its Q3 2026 revenue outlook by approximately 89% at the midpoint. An investigation concerns potential securities law violations connected to the Company's securities offering disclosures.

FMC (FMC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.