Investing.com - TechnipFMC reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
TechnipFMC announced earnings per share of €0.08 on revenue of €2.68B. Analysts polled by Investing.com anticipated EPS of €0.06 on revenue of €2.8B.
TechnipFMC shares are down 66.26% from the beginning of the year and are trading at €6.38 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
TechnipFMC follows other major Capital Goods sector earnings this month
TechnipFMC's report follows an earnings missed by Dassault Aviation on July 23, who reported EPS of €3.85 on revenue of €2.65B, compared to forecasts EPS of €9.59 on revenue of €2,445M.
Valeo had matched expectations on July 21 with second quarter EPS of €0.02 on revenue of €2.57B, compared to forecast for EPS of €0.02 on revenue of €2.82B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar