Investors Ride 5 Earnings Rollercoaster Rides
Fluor Corporation (NYSE:FLR) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 3.16% to $0.98 in the quarter versus EPS of $0.95 in the year-earlier quarter. Revenue Rose 0.87% to $7.19 billion from the year-earlier quarter.
Fluor Corporation reported adjusted EPS income of $0.98 per share. By that measure, the company missed the mean analyst estimate of $1.01. It missed the average revenue estimate of $7.24 billion.