TechnipFMC (FTI) Q4 Earnings Beat, Revenues Rise Y/Y
FTITechnipFMC(FTI) Zacks Investment Research·2024-02-26 23:25

TechnipFMC plc (FTI) reported fourth-quarter 2023 adjusted earnings of 14 cents per share, which beat the Zacks Consensus Estimate of 12 cents. The bottom line also improved from the year-ago quarter’s reported loss per share of 5 cents. The improvement can be attributed to better-than-expected performance in the Subsea and Surface Technologies segments.Revenues of $2.1 billion beat the Zacks Consensus Estimate by 9.9%. The top line also increased from the year-ago quarter’s reported figure of $1.7 billion. ...