Investing.com - TechnipFMC reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
TechnipFMC announced earnings per share of €-0.1 on revenue of €2.89B. Analysts polled by Investing.com anticipated EPS of €0.21 on revenue of €3.11B. That with comparison to EPS of €0.05 on revenue of €2.61B in the same period a year before.TechnipFMC had reported EPS of €0.03 on revenue of €3.39B in the previous quarter.Analysts are expecting EPS of €0.22 and revenue of €3.24B in the upcoming quarter.
TechnipFMC shares are down 62.03% from the beginning of the year and are trading at €7.18 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% year to date.
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