TechnipFMC Q2 2024 Adj EPS $0.43 Beats $0.31 Estimate, Sales $2.325B Beat $2.236B Estimate
Portfolio Pulse from Benzinga Newsdesk
TechnipFMC (NYSE:FTI) reported strong Q2 2024 earnings, with adjusted EPS of $0.43 beating the $0.31 estimate and sales of $2.325 billion surpassing the $2.236 billion estimate. This represents a significant year-over-year growth in both earnings and sales.
July 25, 2024 | 10:47 am
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TechnipFMC (NYSE:FTI) reported Q2 2024 earnings of $0.43 per share, beating the $0.31 estimate by 38.71%. Sales of $2.325 billion also surpassed the $2.236 billion estimate. This marks a significant year-over-year growth in both earnings and sales.
TechnipFMC's strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The substantial year-over-year growth further reinforces investor confidence.
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