FMC Jumps on Outlook - TheStreet

FMC Corporation

(FMC) - Get Report

shares jumped Thursday after the chemical company said it expects to beat the top end of analysts' expectations for the first quarter.

The company says EPS before restructuring costs and other items will "significantly exceed" 71 cents, the top end of estimates, thanks to broad-based growth. The company singled out demand for its agricultural products "due to favorable market conditions in Brazil."

According to Thomson First Call, the consensus estimate is 67 cents, while the low end is 65 cents.

In premarket trading, shares were up $3.44, or 6.9%, to $53.20.