FMC Technologies (NYSE: FTI ) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict FMC Technologies's revenues will expand 13.7% and EPS will increase 14.6%.
The average estimate for revenue is $1.59 billion. On the bottom line, the average EPS estimate is $0.47.
Last quarter, FMC Technologies reported revenue of $1.84 billion. GAAP reported sales were 23% higher than the prior-year quarter's $1.50 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.57. GAAP EPS of $0.50 for Q4 were 22% higher than the prior-year quarter's $0.41 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.2%, 140 basis points better than the prior-year quarter. Operating margin was 11.3%, 170 basis points better than the prior-year quarter. Net margin was 6.5%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $6.81 billion. The average EPS estimate is $2.19.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 511 members out of 532 rating the stock outperform, and 21 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 113 give FMC Technologies a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FMC Technologies is outperform, with an average price target of $49.19.
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