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Are Oils-Energy Stocks Lagging TechnipFMC (FTI) This Year?
ZACKS· 2024-10-30 14:40
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has FMC Technologies (FTI) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. FMC Technologies is one of 242 companies in the Oils-Energy group. The Oils-Energy group currently sits at #16 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of th ...
FTI Consulting Strengthens Forensic and Litigation Consulting Segment in Sydney with Two Senior Hires
GlobeNewswire News Room· 2024-10-29 22:00
SYDNEY, Oct. 29, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointments of Natalie Faulkner as a Senior Managing Director and Sam Scerri as a Managing Director in the Forensic and Litigation Consulting segment in Sydney, strengthening the firm's capabilities in Australia. Ms. Faulkner joins the Risk & Investigations practice with more than 25 years of experience in forensic accounting, with a particular focus on the financial services sector. In her role at FTI Consulting ...
AI Strategy Expert Brian Knudson Joins FTI Consulting
GlobeNewswire News Room· 2024-10-28 11:30
WASHINGTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Brian Knudson as a Senior Managing Director in the Data & Technology Transformation practice within the firm’s Corporate Finance & Restructuring segment. Mr. Knudson, who is based in Chicago, joins FTI Consulting with more than 35 years of experience in artificial intelligence (“AI”) and digital learning. In his role at FTI Consulting, he will develop and implement AI strategies for clients acro ...
TechnipFMC's Q3 Earnings Beat, Revenues Rise Year Over Year
ZACKS· 2024-10-28 11:21
TechnipFMC plc (FTI) reported third-quarter 2024 adjusted earnings of 64 cents per share, which beat the Zacks Consensus Estimate of 39 cents. Moreover, the bottom line increased from the year-ago quarter's reported profit of 21 cents. This improvement was due to better-than-expected performances from the Subsea and Surface Technologies segments. Revenues of $2.3 billion marginally beat the Zacks Consensus Estimate by 0.5%. The top line also increased from the year-ago quarter's reported figure of $2.1 bill ...
TechnipFMC(FTI) - 2024 Q3 - Quarterly Report
2024-10-24 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ . Commission File Number: 001-37983 TechnipFMC plc (Exact name of registrant as specified in it ...
TechnipFMC(FTI) - 2024 Q3 - Earnings Call Transcript
2024-10-24 18:15
TechnipFMC plc (NYSE:FTI) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Matt Seinsheimer - Senior Vice President, Investor Relations and Corporate Development Douglas Pferdehirt - Chief Executive Officer Alf Melin - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Chase & Co. Scott Gruber - Citigroup Inc. Kurt Hallead - The Benchmark Company, LLC Waqar Syed - ATB Capital Markets Marc Bianchi - TD Cowen Saurabh Pant - Bank of America Operator Go ...
TechnipFMC(FTI) - 2024 Q3 - Earnings Call Presentation
2024-10-24 13:44
Q3 2024 Earnings Presentation October 24, 2024 Disclaimer Forward-looking statements This communication contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events, market growth, and recovery, growth of our New Energy business and anticipated revenues, earnings, cash flows, or other aspects of our operations ...
FMC Technologies (FTI) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-24 12:55
FMC Technologies (FTI) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.10%. A quarter ago, it was expected that this provider of equipment and services to energy companies would post earnings of $0.31 per share when it actually produced earnings of $0.43, delivering a surprise of 3 ...
FTI Consulting Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-10-24 11:30
WASHINGTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Third Quarter 2024 Revenues of $926.0 Million, Up 4% Compared to $893.3 Million in Prior Year QuarterThird Quarter 2024 EPS of $1.85, Down 21% Compared to $2.34 in Prior Year QuarterCompany Updates Revenue and EPS Guidance Ranges for Full Year 2024 FTI Consulting, Inc. (NYSE: FCN) today released financial results for the third quarter ended September 30, 2024. Third quarter 2024 revenues of $926.0 million increased $32.8 million, or 3.7%, compared to revenues of ...
TechnipFMC(FTI) - 2024 Q3 - Quarterly Results
2024-10-24 10:47
Press Release TechnipFMC Announces Third Quarter 2024 Results • Total Company backlog reached record of $14.7 billion; Subsea new record of $13.7 billion • Share repurchase authorization increased by $1 billion • Subsea financial guidance increased for 2025 NEWCASTLE & HOUSTON, October 24, 2024 — TechnipFMC plc (NYSE: FTI) (the "Company" or "TechnipFMC") today reported third quarter 2024 results. Summary Financial Results from Continuing Operations Reconciliation of U.S. GAAP to non-GAAP financial measures ...