Lower Segmental Contribution To Ail Fluor (FLR) Q4 Earnings
Zacks Investment Research | Feb 13, 2020 09:14PM ET
Fluor Corporation (NYSE:FLR) is slated to report fourth-quarter 2019 results on Feb 18, before market open.
In the last reported quarter, the company’s adjusted earnings of 71 cents per share topped the Zacks Consensus Estimate by 86.8%. Also, the said figure increased 29.1% from a year ago.
Revenues of $3.94 billion lagged the consensus mark by 16.1% but grew 2.5% year over year, supported by solid performance of the Mining & Industrial segment.
Earnings & Revenue Expectations
The Zacks Consensus Estimate for Fluor’s fourth-quarter earnings is pegged at 24 cents per share, implying a decline of 68.8% on a year-over-year basis. The consensus estimate for revenues is $4.19 billion, indicating 12.7% year-over-year fall.
Fluor Corporation Price and EPS Surprise
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