Skip to main content

FMC Technologies: Q1 Earnings Snapshot

NEWCASTLE UPON TYNE, Britain (AP) — NEWCASTLE UPON TYNE, Britain (AP) — FMC Technologies Inc. (FTI) on Thursday reported first-quarter earnings of $260.5 million.

The Newcastle Upon Tyne, Britain-based company said it had profit of 64 cents per share.

The results beat Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The provider of equipment and services to energy companies posted revenue of $2.49 billion in the period, which did not meet Street forecasts. Thirteen analysts surveyed by Zacks expected $2.52 billion.

FMC Technologies expects full-year revenue in the range of $10.35 billion to $10.9 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTI at https://www.zacks.com/ap/FTI

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story