Stock of TechnipFMC plc (FTI) is moving down around 4 percent during Thursday morning trading despite reporting strong growth in the fourth quarter. Earnings came in at $242.7 million, or $0.59 per share. This compares with $224.7 million, or $0.52 per share, last year.
The company's shares are currently trading at $59.58 on the New York Stock Exchange, down 4.27 percent. The stock opened at $58.67 and has climbed as high as $62.22 so far in today's session. Over the past year, it has traded in a range of $22.12 to $62.67.
The company's revenue for the period rose 6.3% to $2.517 billion from $2.367 billion in the prior year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.