TechnipFMC (FTI) Misses Q3 EPS by 8c

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October 24, 2018 4:29 PM EDT

TechnipFMC (NYSE: FTI) reported Q3 EPS of $0.31, $0.08 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.22 billion.

2018 Guidance1

Updates to the Company’s full-year guidance for 2018 are included in the revised table below and detailed on the following page:

2018 Guidance *Updated October 24, 2018
Subsea Onshore/Offshore Surface Technologies
Revenue in a range of $5.0 – 5.3 billion Revenue in a range of $5.8 – 6.1 billion* Revenue in a range of $1.5 – 1.6 billion

EBITDA margin at least 14% (excluding
amortization related
impact of purchase
price accounting, and
other charges and
credits)

EBITDA margin at least 13%* (excluding
amortization related
impact of purchase
price accounting, and
other charges and
credits)

EBITDA margin at least 16%* (excluding
amortization related
impact of purchase
price accounting, and
other charges and credits)

For earnings history and earnings-related data on TechnipFMC (FTI) click here.


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