FMC Corp

FMC: XNYS (USA)
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FMC Earnings: Inventory Alignment Underway as Bullish Second-Half Outlook Unchanged

FMC saw lower first-quarter profits, driven by reduced diamide prices and lower volume due to the plan to normalize inventory at the retail level. Management kept its full-year outlook, but second-quarter guidance came in below FactSet consensus. The shares were down 7% intraday.

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