Fmc Technologies Earnings: Your Sneak Peek to the Big Announcement

Fmc Technologies (NYSE:FTI) will report earnings after markets close on Tuesday, July 23rd. FMC Technologies, Inc. designs, manufactures, and services systems and products used in offshore, particularly deepwater, exploration and production of crude oil and natural gas. The Company also provides advanced handling and processing systems to industrial customers. FMC Technologies’ subsea products include drilling and production systems, subsea tree systems, and fluid control systems.

Here is your Cheat Sheet to Fmc Technologies Earnings:

Earnings Expectations: Analysts expect earnings of $0.47 per share on revenues of $1.64 billion. Currently, the company’s P/E ratio stands at 31.46.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.56 to a profit $0.58. For the current year, the average estimate is a profit of $2.18, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Fmc Technologies has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,551 4,405 4,126 5,099 6,151
Diluted EPS ($) 1.39 1.44 1.53 1.64 1.78

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,494.90 1,419.00 1,840.90 1,646.00
Diluted EPS ($) 0.46 0.41 0.50 0.43

Past Performance:
Fmc Technologies has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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