Published on 23 Feb 2022 on Zacks via Yahoo Finance
FMC Technologies (FTI) Reports Q4 Loss, Misses Revenue Estimates
FMC Technologies (FTI) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -1,100%. A quarter ago, it was expected that this provider of equipment and services to energy companies would post earnings of $0.02 per share when it actually produced a loss of $0.06, delivering a surprise of -400%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.