Published on 19 Nov 2021 on Zacks via Yahoo Finance
Why Is FMC Technologies (FTI) Down 11.8% Since Last Earnings Report?
It has been about a month since the last earnings report for FMC Technologies (FTI). Shares have lost about 11.8% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is FMC Technologies due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
TechnipFMC Posts Q3 Loss, Misses Revenue Estimates