Investing.com - TechnipFMC reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
TechnipFMC announced earnings per share of €0.13 on revenue of €2.81B. Analysts polled by Investing.com anticipated EPS of €0.18 on revenue of €2.79B.
TechnipFMC shares are down 67.64% from the beginning of the year and are trading at €6.12 , 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 Kaufman Et Broad on October 2, who reported EPS of €0.38 on revenue of €272.42M, compared to forecasts EPS of €0.4 on revenue of €272.16M.
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