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FMC Technologies: Q2 Earnings Snapshot
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TEXAS, Texas (AP) — TEXAS, Texas (AP) — FMC Technologies Inc. (FTI) on Thursday reported second-quarter earnings of $362.7 million.

The Texas, Texas-based company said it had net income of 90 cents per share. Earnings, adjusted for one-time gains and costs, were 91 cents per share.

The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The provider of equipment and services to energy companies posted revenue of $2.76 billion in the period, also topping Street forecasts. Twelve analysts surveyed by Zacks expected $2.67 billion.

FMC Technologies expects full-year revenue in the range of $10.35 billion to $10.9 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTI at https://www.zacks.com/ap/FTI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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