FMC: Q3 Earnings Snapshot

PHILADELPHIA (AP) — PHILADELPHIA (AP) — FMC Corp. (FMC) on Thursday reported a loss of $2.07 billion in its third quarter.

On a per-share basis, the Philadelphia-based company said it had a loss of $15.54. Losses, adjusted for pretax expenses and restructuring costs, came to $4.41 per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The chemical producer posted revenue of $105.9 million in the period.

For the current quarter ending in December, FMC expects its per-share earnings to range from 56 cents to 70 cents.

The company said it expects revenue in the range of $1.04 billion to $1.14 billion for the fiscal fourth quarter.

FMC expects full-year results to range from a loss of $3.66 per share to a loss of $3.50 per share, with revenue ranging from $2.75 billion to $2.85 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMC at https://www.zacks.com/ap/FMC