NYSE$FTI
TechnipFMC Plc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
TechnipFMC reported solid operational results driven by strong execution across all segments.
TechnipFMC announced strong operational results in Q3 2020, driven by strong execution across all segments. The company achieved its targeted cost savings of more than $350 million ahead of schedule and reported inbound orders of $2.2 billion. U.S. GAAP diluted loss per share was $0.01, while adjusted diluted earnings per share was $0.16.
- Solid operational results driven by strong execution across all segments
- Total Company inbound orders of $2.2 billion; Subsea book-to-bill of 1.1
- Achieved targeted cost savings of more than $350 million ahead of schedule
- Cash flow from operations of $168 million; free cash flow of $95 million
Headline financials
Revenue & EPS history
TechnipFMC · Revenue · Quarterly
$3.34B
Revenue by segment
TechnipFMC · $1.73B total across 2 segments · Q3 2020
- Subsea$1.5B—86.9%
- Surface Technologies$226M—13.1%
Forward guidance
The Company’s full-year guidance for 2020 can be found in the table below. No updates were made to the previous guidance that was issued on July 29, 2020. All segment guidance assumes no further material degradation from COVID-19-related impacts.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+2.1%
Avg return
Earnings day
+2.3%
Avg return
5 days after
+1.4%
Avg return
30 days after
69%
44 / 64 earnings
Positive
+19.0%
Q4 2020
Best reaction
-12.1%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | -2.5% | -11.1% | |
| Q4 2025 | -0.8% | -2.5% | -11.1% | |
| Q3 2025 | +9.1% | +9.7% | +17.7% | |
| Q2 2025 | +1.7% | -0.5% | +13.8% | |
| Q1 2025 | +9.9% | +15.1% | +18.6% | |
| Q3 2024 | +5.2% | +3.7% | +22.5% | |
| Q2 2024 | +5.8% | +6.3% | -2.2% | |
| Q1 2024 | +3.4% | -0.4% | +0.5% | |
| Q4 2023 | +6.2% | +8.4% | +24.7% | |
| Q3 2023 | +8.4% | +8.0% | +6.9% | |
| Q2 2023 | -1.2% | -4.5% | -3.4% | |
| Q1 2023 | +6.9% | +0.3% | +8.7% | |
| Q4 2022 | +15.1% | +15.7% | -5.4% | |
| Q3 2022 | -2.5% | -0.8% | +13.3% | |
| Q2 2022 | +15.1% | +27.2% | +34.7% | |
| Q1 2022 | -0.1% | -6.7% | +13.2% | |
| Q4 2021 | +3.1% | +6.0% | +21.8% | |
| Q3 2021 | -4.5% | -0.4% | -19.9% | |
| Q2 2021 | -2.9% | -0.9% | -17.0% | |
| Q1 2021 | +12.2% | +5.0% | +23.0% | |
| Q4 2020 | +19.0% | +17.9% | +12.6% | |
| Q3 2020 | -5.7% | -16.2% | +13.5% | |
| Q2 2020 | +6.5% | +7.0% | +3.6% | |
| Q1 2020 | +2.4% | +2.0% | -4.2% | |
| Q4 2019 | +0.2% | -1.2% | -53.4% | |
| Q3 2019 | -12.1% | -11.0% | -18.2% | |
| Q2 2019 | +7.0% | +7.7% | -11.7% | |
| Q1 2019 | +0.8% | -0.8% | -11.2% | |
| Q4 2018 | -5.5% | -4.0% | -5.4% | |
| Q3 2018 | -4.1% | -8.1% | -19.7% | |
| Q2 2018 | +4.1% | +11.3% | +1.1% | |
| Q1 2018 | -3.2% | -2.9% | -0.3% | |
| Q4 2017 | +4.0% | +3.1% | +0.0% | |
| Q3 2017 | +4.8% | +6.6% | +6.2% | |
| Q2 2017 | +4.1% | +3.6% | -6.5% | |
| Q1 2017 | -6.0% | -6.4% | -9.5% | |
| Q4 2016 | +0.4% | +0.9% | -4.8% | |
| Q3 2016 | +5.5% | +4.0% | +10.0% | |
| Q2 2016 | -0.8% | -7.9% | +5.2% | |
| Q1 2016 | +5.2% | — | — | |
| Q4 2015 | +8.7% | — | — | |
| Q3 2015 | -3.2% | — | — | |
| Q2 2015 | -9.7% | — | — | |
| Q1 2015 | +2.7% | — | — | |
| Q4 2014 | +5.2% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +3.8% | — | — | |
| Q1 2014 | +4.4% | — | — | |
| Q4 2013 | -2.1% | — | — | |
| Q3 2013 | -9.0% | — | — | |
| Q2 2013 | -2.2% | — | — | |
| Q1 2013 | +5.4% | — | — | |
| Q4 2012 | +6.6% | — | — | |
| Q3 2012 | +1.4% | — | — | |
| Q2 2012 | +2.4% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q3 2011 | -7.2% | — | — | |
| Q2 2011 | +0.9% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2010 | -0.6% | — | — | |
| Q3 2010 | +0.6% | — | — | |
| Q2 2010 | +3.4% | — | — | |
| Q1 2010 | +1.1% | — | — |
Discussion
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