FMC Technologies Q3 Profit Rises - Quick Facts

(RTTNews) - FMC Technologies, Inc. (FTI) reported third-quarter net income to company of $116.0 million or $0.49 per share, compared to $98.9 million or $0.41 per share, last year. The company said its quarterly earnings included a charge related to the 2013 Multi Phase Meters earn-out adjustment of $8.5 million or $0.04 per share.

On average, 32 analysts polled by Thomson Reuters expected the company to report profit per share of $0.59 for the quarter. Analysts' estimates typically exclude special items.

Revenue rose to $1.72 billion, from $1.42 billion, a year ago. Analysts expected revenue of $1.75 billion for the quarter.

The company adjusted guidance for 2013 earnings per share to a range of $2.00 to $2.10. Analysts expect the company to report fiscal 2013 profit per share of $2.19.