Furmanite Corp. (FRM) Releases Quarterly Earnings, Misses Estimates By $0.04 EPS
Furmanite Corp. (NYSE:FRM) released its earnings data on Thursday. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.04, Analyst Ratings Net reports. The company had revenue of $146.20 million for the quarter, compared to the consensus estimate of $147.00 million. Furmanite Corp.’s revenue was up 34.9% compared to the same quarter last year.
Furmanite Corp. (NYSE:FRM) opened at 9.95 on Thursday. Furmanite Corp. has a one year low of $7.37 and a one year high of $12.70. The stock has a 50-day moving average of $10.9 and a 200-day moving average of $10.8. The company has a market cap of $374.2 million and a price-to-earnings ratio of 29.85.
Furmanite Corporation (NYSE:FRM), along with its subsidiaries, provides specialized technical services, including on-line services, such as leak sealing, hot tapping, line stopping, line isolation, composite repair and valve testing.
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