Fluor Corp reports results for the quarter ended September 30 - Earnings Summary

Fluor

08/11/2024 16:21

* Fluor Corp  FLR.N  reported quarterly adjusted earnings of
51
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of
$1.02.  The mean expectation of eight analysts for the quarter
was for earnings of 76 cents per share. Wall Street expected
results to range from 73 cents to 80 cents per share.
    * Revenue rose 3.3% to $4.09 billion from a year ago;
analysts
expected $4.74 billion. 
    * Fluor Corp's reported EPS for the quarter was 31 cents​.
    * The company reported quarterly net income of $54 million.
    * Fluor Corp shares had risen by 23.5% this quarter and
gained 50.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
&
engineering peer group is also "buy"

Wall Street's median 12-month price target for Fluor Corp is
60.00 
This summary was machine generated from LSEG data November 8 at
04:20 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.76           0.51           Missed
 Jun. 30 2024      0.68           0.85           Beat
 Mar. 31 2024      0.54           0.47           Missed
 Dec. 31 2023      0.57           0.68           Beat