TechnipFMC (FTI) Reports Q3 Loss of $0.06/sh

TechnipFMC (NYSE: FTI) reported Q3 EPS of ($0.06), versus ($0.04) reported last year. Revenue for the quarter came in at $1.58 billion, versus $1.73 billion reported last year.

2021 Full-Year Financial Guidance:

The Company’s full-year guidance for 2021 can be found in the table below. No updates were made to the previous guidance that was issued on July 21, 2021.

All segment guidance assumes no further material degradation from COVID-19-related impacts. Guidance is based on continuing operations and thus excludes the impact of Technip Energies, which is reported as discontinued operations.

2021 Guidance (As of July 21, 2021)

Subsea

Surface Technologies

Revenue in a range of $5.2 - 5.5 billion

Revenue in a range of $1,050 - 1,250 million

For earnings history and earnings-related data on TechnipFMC (FTI) click here.

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