TechnipFMC Q4 Adj. EPS $0.14 Beats $0.12 Estimate, Sales $2.08B Beat $1.90B Estimate
Portfolio Pulse from Benzinga Newsdesk
TechnipFMC (NYSE:FTI) reported Q4 adjusted EPS of $0.14, surpassing the $0.12 estimate, and sales of $2.08B, exceeding the $1.90B estimate. This represents a 380% increase in EPS and a 22.67% increase in sales year-over-year.
February 22, 2024 | 11:46 am
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TechnipFMC reported a significant beat on both EPS and sales estimates for Q4, with a 380% increase in EPS and a 22.67% increase in sales year-over-year.
The substantial beat on both EPS and sales estimates, coupled with the significant year-over-year growth, is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
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