PHILADELPHIA (AP) _ FMC Corp. (FMC) on Wednesday reported first-quarter earnings of $182.6 million.

The Philadelphia-based company said it had profit of $1.40 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were $1.53 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.52 per share.

The chemical producer posted revenue of $1.2 billion in the period.

For the current quarter ending in July, FMC expects its per-share earnings to range from $1.68 to $1.88. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.77.

The company said it expects revenue in the range of $1.19 billion to $1.26 billion for the fiscal second quarter. Analysts surveyed by Zacks had expected revenue of $1.25 billion.

FMC expects full-year earnings in the range of $6.70 to $7.40 per share, with revenue ranging from $4.9 billion to $5.1 billion.

FMC shares have risen 6% since the beginning of the year, while the S&P’s 500 index has increased 11%. In the final minutes of trading on Wednesday, shares hit $121.83, a climb of 36% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMC at https://www.zacks.com/ap/FMC