FMC Sharply Reduces Q3 Revenue Guidance; Shares Plunge

08:13 AM EDT, 10/15/2026 (MT Newswires) -- FMC (FMC) said Thursday it now expects Q3 revenue of $65 million to $125 million. Analysts surveyed by FactSet expect $868.5 million. The company previously forecast Q3 revenue, excluding India, of $840 million to $900 million. The revised guidance stems from estimated charges of $625 million to $675 million from commercial actions to reduce prices on certain products held by channel customers in key markets and modify FMC's US sales and pricing model. FMC shares were down more than 45% in pre-bell activity on Thursday.