FMC Technologies (FTI) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - FMC Technologies (FTI) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with a consensus outlook suggesting a significant earnings surprise could impact its stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to reveal quarterly earnings of $0.36 per share, reflecting a year-over-year increase of +157.1$2.3 billion, up 10.6% from the previous year [3]. - The consensus EPS estimate has been revised 0.52% lower in the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -7.04% for FMC Technologies, suggesting analysts have become bearish on the company's earnings outlook [11][10]. - Despite the negative Earnings ESP, the stock holds a Zacks Rank of 3, making it challenging to predict an earnings beat conclusively [11]. Historical Performance - In the last reported quarter, FMC Technologies exceeded the expected earnings of $0.39 per share by delivering$0.64, resulting in a surprise of +64.10% [12]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [13]. Industry Context - In the Zacks Oil and Gas - Field Services industry, Kinetik Holdings Inc. (KNTK) is expected to report earnings of $0.37 per share, indicating a year-over-year decline of -78.2$495.33 million, up 42% from the previous year [17]. - Kinetik Holdings has a negative Earnings ESP of -13.51% and a Zacks Rank of 3, complicating predictions for an earnings beat [18].