Core Viewpoint - Analysts forecast FMC Technologies (FTI) to report quarterly earnings of $0.51 per share, reflecting a year-over-year decline of 5.6%, while revenues are expected to reach $2.55 billion, an increase of 7.6% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 0.4% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenue- Subsea Technologies' will reach $2.23 billion, indicating a year-over-year change of +8.7% [5]. - 'Revenue- Surface Technologies' is projected at $322.00 million, reflecting a +0.8% change from the prior year [5]. - 'Revenue- Lease' is expected to be $71.31 million, showing a year-over-year increase of +24% [5]. - 'Revenue- Product' is forecasted at $922.80 million, indicating an +8.3% change from the previous year [6]. Geographic Revenue Breakdown - 'Revenue By Geography- Surface Technologies - Europe and Central Asia' is expected to reach $33.62 million, a +13.2% change from the prior year [6]. - 'Revenue By Geography- Surface Technologies - Africa' is projected at $15.95 million, reflecting a +24.6% change [7]. - 'Revenue By Geography- Surface Technologies- North America' is estimated at $105.63 million, indicating a -1.6% change [7]. - 'Revenue By Geography- Surface Technologies - Middle East' is expected to be $118.75 million, showing a -5% change [8]. Orders and Backlog - 'Inbound Orders - Subsea Technologies' are projected to reach $2.45 billion, down from $2.70 billion year-over-year [8]. - 'Order Backlog - Subsea Technologies' is estimated at $16.31 billion, up from $13.52 billion in the same quarter last year [9]. - The total 'Order Backlog' is projected to be $17.06 billion, compared to $14.38 billion a year ago [9]. - 'Order Backlog - Surface Technologies' is expected to be $728.81 million, down from $858.20 million year-over-year [10]. Stock Performance - Over the past month, shares of FMC Technologies have returned +17.6%, outperforming the Zacks S&P 500 composite, which changed by -1.7% [11]. - FMC Technologies currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance in the near future [11].
Countdown to FMC Technologies (FTI) Q4 Earnings: Wall Street Forecasts for Key Metrics