TechnipFMC Earnings, Revenue miss in Q4 By Investing.com

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TechnipFMC Earnings, Revenue miss in Q4

Published Feb 25, 2021 06:20

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Investing.com - TechnipFMC reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

TechnipFMC announced earnings per share of €0.0412 on revenue of €2.83B. Analysts polled by Investing.com anticipated EPS of €0.1271 on revenue of €2.84B.

TechnipFMC shares are down 20.85% 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 beat by Airbus Group on February 18, who reported EPS of €1.79 on revenue of €19.75B, compared to forecasts EPS of €1.31 on revenue of €18.37B.

Vinci had beat expectations on February 5 with fourth quarter EPS of €2.74 on revenue of €12.46B, compared to forecast for EPS of €2.47 on revenue of €10.34B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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