FMC sees Q1 crop protection products operating profit down vs. Q1 of FY13 FMC announced that the period of extended cold weather in North America is leading to a later than usual demand pattern for its crop protection products. For the full year, the company has not changed the outlook for its Agricultural Solutions segment. It continues to expect a mid-teens percent growth in revenues and operating profits in the segment. However, based on recently available information, the company now expects that Q1 of FY14 segment operating profit for Agricultural Solutions will be down mid-20's % versus the Q1 of FY13.
FMC Corporation could rally 50%, Barron's says FMC Corporation shares could see a 50% increase to around $85.00 per share in the next couple of years, driven by expanding margins, Barron's contends in a feature article. Reference Link