TechnipFMC Announces Fourth Quarter 2021 Results

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TechnipFMC (FTI) PT Raised to $13 at Cowen

February 25, 2022 6:35 AM EST

Cowen analyst Marc Bianchi raised the price target on TechnipFMC (NYSE: FTI) to $13.00 (from $12.00) while maintaining an Outperform rating.

The analyst commented, "FTI's order outlook was very positive, in both Subsea and Surface. This could put the company in position to achieve... More

TechnipFMC (FTI) Misses Q4 EPS by 7c

February 23, 2022 4:27 PM EST

TechnipFMC (NYSE: FTI) reported Q4 EPS of ($0.12), $0.07 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.35 billion.

GUIDANCE:

TechnipFMC sees FY2022 revenue of $5.2-5.6 billion, versus the consensus of $5.84... More