TechnipFMC (FTI) Q1 Earnings Surpass, Revenues Rise Y/Y
FTITechnipFMC(FTI) Zacks Investment Research·2024-04-29 20:35

TechnipFMC plc (FTI) reported first-quarter 2024 adjusted earnings of 22 cents per share, which beat the Zacks Consensus Estimate of 16 cents. The company reported breakeven earnings in the year-ago quarter. The improvement can be attributed to better-than-expected performance in the Subsea segment. Revenues of 2billionbeattheZacksConsensusEstimateby3.52 billion beat the Zacks Consensus Estimate by 3.5%. The top line also increased from the year- ago quarter’s reported figure of 1.7 billion. This was primarily due to a higher revenue contribution ...