FMC Technologies: Q3 Earnings Snapshot

NEWCASTLE UPON TYNE, Britain (AP) _ FMC Technologies Inc. (FTI) on Wednesday reported a loss of $10.3 million in its third quarter.

The Newcastle Upon Tyne, Britain-based company said it had a loss of 2 cents per share. Earnings, adjusted to account for discontinued operations and restructuring costs, came to 3 cents per share.

The results fell short of Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The provider of equipment and services to energy companies posted revenue of $1.73 billion in the period, also missing Street forecasts. Fifteen analysts surveyed by Zacks expected $1.75 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a FTI">Zacks stock report on FTI at https://www.zacks.com/ap/FTI