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FMC Technologies (FTI) Reports Q1 Earnings: What Key Metrics Have to Say
FTITechnipFMC(FTI) ZACKS·2025-04-25 03:30

Core Insights - FMC Technologies reported revenue of 2.23billionforthequarterendedMarch2025,markingayearoveryearincreaseof9.42.23 billion for the quarter ended March 2025, marking a year-over-year increase of 9.4% and an EPS of 0.33 compared to 0.22ayearago[1]ThereportedrevenuefellshortoftheZacksConsensusEstimateof0.22 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of 2.26 billion, resulting in a surprise of -1.07%, while the EPS also missed the consensus estimate of 0.36by8.330.36 by -8.33% [1] Financial Performance - Inbound Orders for Subsea Technologies reached 2.79 billion, exceeding the average estimate of 2.47billionbasedon15analysts[4]TotalOrderBacklogstoodat2.47 billion based on 15 analysts [4] - Total Order Backlog stood at 15.82 billion, surpassing the estimated 14.98billionby14analysts[4]RevenuefromSubseaTechnologieswasreportedat14.98 billion by 14 analysts [4] - Revenue from Subsea Technologies was reported at 1.94 billion, slightly below the average estimate of 1.96billion,butreflectingayearoveryearincreaseof11.61.96 billion, but reflecting a year-over-year increase of 11.6% [4] - Revenue from Surface Technologies was 297.40 million, exceeding the average estimate of 290.59million,butshowingayearoveryeardeclineof3.2290.59 million, but showing a year-over-year decline of 3.2% [4] - Revenue from Services was reported at 1.30 billion, lower than the average estimate of $1.41 billion, but representing a year-over-year increase of 11.9% [4] Stock Performance - Shares of FMC Technologies have declined by 18.7% over the past month, compared to a -5.1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]