Earnings Preview: FMC Technologies EPS, Revenue Expected to Rise from Previous Quarter

FMC Technologies FTI releases its next round of earnings this Monday, July 25, 2011. Here's Benzinga's advanced look at FMC's second quarter earnings report.

Earnings and Revenue:

Analysts are predicting a positive EPS reading of 39 cents per share and revenues of $1.19 billion. We'll have to wait for Monday to see if FMC Technologies falls in line with Wall Street predictions and reports a boost in revenue and a steady EPS from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.37	$0.35	$0.34	$0.35
EPS Actual	$0.32	$0.34	$0.33	$0.39

Stock Performance:

At last check, shares of FMC Technologies were trading at $45.13. Since January 1st, shares of FMC Technologies have given investors a return of 1.5%. For a full 12 months, the return has risen by 19.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for FMC Technologies is a Hold. This rating has strengthened slightly over the past ninety days.

Competitors:

Wondering how some of the other energy companies are doing? Here are a few of FMC Technologies' peers in that sector.

• Baker Hughes BHI: Moderate Buy with a $0.87 recent quarter EPS
• Cameron International CAM: Moderate Buy with a $0.46 recent quarter EPS
• Dril-Quip DRQ: Moderate Buy with a $0.54 recent quarter EPS
• Flotek Industries FTK: Strong Buy with a -$0.02 recent quarter EPS

The oil field machines and equipment company's industry has seen price/earnings growth of 0.4% during the current fiscal year.

Finally, a description of the company's main areas of operation: FMC Technologies is a global provider of technologically sophisticated systems and products for the energy industry.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming FMC Technologies earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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