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TechnipFMC's Earnings: A Preview

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TechnipFMC (NYSE: FTI) unveils its next round of earnings this Wednesday, July 29. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Analysts predict TechnipFMC will report earnings of $0.06 per share on revenue of $3.11 billion. In the same quarter last year, TechnipFMC reported EPS of $0.390 on revenue of $3.43 billion. If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be down 84.62%. Sales would have fallen 7.72% from the same quarter last year. TechnipFMC's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 0.22 0.42 0.50 0.35
EPS Actual -0.11 0.03 0.12 0.39
Revenue Estimate 3.37 B 3.81 B 3.52 B 3.25 B
Revenue Actual 3.13 B 3.73 B 3.33 B 3.43 B

Stock Performance

Shares of TechnipFMC were trading at $7.805 as of July 28. Over the last 52-week period, shares are down 71.93%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. TechnipFMC is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/r2gcbxhi

 

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Posted-In: Earnings