How did FMC's Q4 earnings surprise impact investor sentiment?

**FMC's Q4 earnings surprise had a positive impact on investor sentiment**, as evidenced by several key indicators:

1. **Stock Price Reaction**: Following the release of the earnings report, FMC's stock experienced a notable increase of 4% in after-hours trading. This immediate positive movement reflects investor enthusiasm about the company's performance.
2. **Analyst Optimism**: Analysts responded favorably to the earnings news, with forecasts indicating a potential upside from the current stock price. The average analyst price target suggests a potential increase of 13.2% from the current levels, indicating confidence in FMC's future prospects.
3. **Upbeat Full-Year Outlook**: FMC's raised full-year outlook, including expectations for higher EPS and revenue, contributed to the positive sentiment. The company's forecast for the fourth quarter also exceeded Wall Street expectations, further bolstering confidence in its financial performance.
4. **Strong Volume Growth**: The company's strong volume growth in Latin America and North America, which more than offset lower pricing, was particularly well-received by investors. This highlights FMC's strategic focus on market segments with high demand and growth potential.

Overall, FMC's Q4 earnings surprise, coupled with its robust third-quarter results and optimistic full-year outlook, has likely contributed to a more positive sentiment among investors.