Recap: Fluor Q4 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of Fluor (NYSE:FLR) decreased 1% in pre-market trading after the company reported Q4 results.

Quarterly Results

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings per share fell 87.01% year over year to $0.10, which may not compare to the estimate of ($0.08).

Revenue of $3,726,000,000 decreased by 22.39% from the same period last year, which missed the estimate of $4,050,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

52-week high: $20.89

52-week low: $2.85

Price action over last quarter: down 54.28%

Company Description

Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into four segments: energy and chemicals; mining, industrial, infrastructure, and power; government; and diversified services. Fluor employs over 53,000 workers in more than 100 countries. The company generated $19 billion in revenue and $522 million in adjusted operating income in 2018.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNews