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Market Overview

TechnipFMC's Earnings: A Preview

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TechnipFMC (NYSE:FTI) releases its next round of earnings this Tuesday, April 27. Here is Benzinga's essential guide to TechnipFMC's Q1 earnings report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on management's projections, TechnipFMC analysts modeled for a loss of $0.07 per share on sales of $1.53 billion. TechnipFMC reported a per-share loss of $0.11 when it published results during the same quarter last year. Sales in that period totaled $3.13 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be up 36.36%. Sales would be down 51.12% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.20 0.22 0.06 0.22
EPS Actual 0.05 0.16 0.09 -0.11
Revenue Estimate 3.38 B 3.29 B 3.11 B 3.37 B
Revenue Actual 3.43 B 3.34 B 3.16 B 3.13 B

eps graph

Stock Performance

Shares of TechnipFMC were trading at $6.96 as of April 23. Over the last 52-week period, shares are down 11.43%. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.

Do not 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.

 

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Posted-In: BZI-EPEarnings