Fmc corporation announces second quarter 2021 results in line with expectations

Philadelphia, aug. 3, 2021 /prnewswire/ -- second quarter 2021 highlights revenue of $1.2 billion, an increase of 8 percent versus q2 2020 and up 4 percent organically1 consolidated gaap net income of $203 million, up 10 percent versus q2 2020 adjusted ebitda of $347 million, up 2 percent versus q2 2020 consolidated gaap earnings of $1.56 per diluted share, up 11 percent versus q2 2020 consolidated adjusted earnings per diluted share of $1.81, up 5 percent versus q2 2020 share repurchases of $25 million full-year outlook 2 maintains revenue forecast in the range of $4.9 to $5.1 billion, reflecting 8 percent growth at the midpoint versus 2020 lowers adjusted ebitda forecast to a range of $1.29 to $1.35 billion, reflecting 6 percent growth at the midpoint versus 2020, driven by accelerating costs updates 2021 adjusted earnings forecast to a range of $6.54 to $6.94 per diluted share, reflecting 9 percent growth at the midpoint versus 2020, excluding any impact from future share repurchases updates free cash flow forecast to a range of $480 to $570 million, reflecting a 4 percent decline at the midpoint versus 2020 expects to repurchase $350 to $450 million of fmc shares in 2021 fmc corporation (nyse: fmc) today reported second quarter 2021 revenue of $1.2 billion, an increase of 8 percent versus second quarter 2020. excluding a tailwind from foreign currencies, revenue increased 4 percent organically.
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