After falling below Wall Street expectations last quarter, FMC Technologies (NYSE:FTI) will report its latest results on Tuesday.
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Analysts currently expect FMC Technologies to come in with earnings of 48 cents per share on revenues of $1.49 billion. Estimates range from 41 cents per share to 53 cents per share. Over the past three months, the average estimate has moved down from 52 cents.
Recently, the stock price has been rising Since July 12, 2012 business days the stock has risen $1.60 per share. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $5.99 (-12.7%), from $47.23 to $41.24.
Company Fundamental Trends
Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit rose 16% to $98.8 million (41 cents a share) from $85.2 million (18 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 29.1% to $1.4 billion from $1.08 billion.
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012
EPS: 48 cents
Revenue Estimate: $1.49 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)