Benzinga | Oct 21, 2020 04:20PM EDT

TechnipFMC Q3 Adj. EPS $0.16 Misses $0.22 Estimate, Sales $3.34B Beat $3.29B Estimate

TechnipFMC (NYSE:FTI) reported quarterly earnings of $0.16 per share which missed the analyst consensus estimate of $0.22 by 27.27 percent. This is a 33.33 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $3.34 billion which beat the analyst consensus estimate of $3.29 billion by 1.39 percent. This is a 0.02 percent increase over sales of $3.33 billion the same period last year.