FMC Technologies Reports Second Quarter 2015 Diluted Earnings per Share of $0.46
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July 23, 2015 7:49 AM EDT
Jefferies upgraded FMC Technologies (NYSE: FTI) from Underperform to Hold with a price target of $32.00 (from $33.00).
Analyst Brad Handler commented, "We have grown more comfortable with Subsea revenue resilience for FTIwe acknowledge FTI's track record in its order forecasting and we... More
July 23, 2015 6:39 AM EDT
FBR Capital upgraded FMC Technologies (NYSE: FTI) from Underperform to Market Perform with a price target of $31.00 on valuation.
Analyst Thomas Curran commented, "Following its 2Q15 earnings release after the close on July 21 and call on July 22, the stock declined 9.9% yesterday, significantly underperforming the S&P 500 and... More
July 21, 2015 4:10 PM EDT
FMC Technologies (NYSE: FTI) reported Q2 EPS of $0.52, ex-items, $0.09 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.71 billion.
"Subsea orders were stronger in the second quarter, as we received just over $1.0... More
