FMC Technologies Inc. (FTI) reported that its third-quarter net income attributable to the company was $91.6 million or $0.73 per share, compared to $82.7 million or $0.64 per share in the same quarter last year. Earnings per share from continuing operations were $0.73, up one percent from $0.72 in the prior-year quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.63 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter were $1.09 billion, compared to $1.13 billion in the prior year quarter. Eleven analysts had consensus revenue estimate of $1.04 billion for the quarter.
The company expects fourth quarter earnings per share from continuing operations to be in a range of $0.70 - $0.75. Analysts expect the company to report earnings of $0.61 per share for the fourth quarter.
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