FMC Corp Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component FMC Corp (NYSE:FMC) will unveil its latest earnings on Monday, October 31, 2011. FMC is a chemical manufacturing company that offers solutions, applications and products to agricultural, consumer and industrial markets around the world. .

FMC Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.36 per share, a rise of 19.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.40. Between one and three months ago, the average estimate moved down. It also has dropped from $1.37 during the last month. For the year, analysts are projecting net income of $5.74 per share, a rise of 18.6% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at profit of $1.53 a share versus the estimate of net income of $1.51 a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 6.4% in revenue from the year-earlier quarter to $821.8 million.

Analyst Ratings: Analysts are bullish on this stock with seven analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the second quarter, profit rose 63.2% to $107.2 million ($1.49 a share) from $65.7 million (90 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 4.6% to $812.2 million from $776.8 million.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 5.1% in the first quarter from the year earlier, climbed 12.2% in the fourth quarter of the last fiscal year from the year-ago quarter and 8.3% in the third quarter of the last fiscal year.

Competitors to Watch: E.I. du Pont de Nemours & Co. (NYSE:DD), The Dow Chemical Company (NYSE:DOW), Eastman Chemical Company (NYSE:EMN), Akzo Nobel N.V. (AKZOY), Rockwood Holdings, Inc. (NYSE:ROC), PPG Industries, Inc. (NYSE:PPG), Ashland Inc. (NYSE:ASH), Monsanto Company (NYSE:MON), Sociedad Quimica y Minera (NYSE:SQM), and Minerals Technologies Inc (NYSE:MTX).

Stock Price Performance: During August 1, 2011 to October 25, 2011, the stock price had fallen $12.25 (-13.9%) from $88.17 to $75.92. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight-straight days, rising 7.7% (+$6.38) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 7.3% (-$6.15) over that span. Shares are down $3.52 (-4.4%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.