Market Overview

Fluor: Q3 Earnings Insights

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Shares of Fluor (NYSE:FLR) decreased 1.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 80.00% over the past year to $0.14, which missed the estimate of $0.27.

Revenue of $3,803,000,000 declined by 3.43% from the same period last year, which missed the estimate of $3,920,000,000.

Outlook

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

Fluor hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Dec 10, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/iupkv8v6

Technicals

52-week high: $20.89

Company's 52-week low was at $2.85

Price action over last quarter: Up 35.92%

Company Profile

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 five core segments: energy & chemicals; mining & industrial, infrastructure & power; government; and diversified services. Fluor employs over 50,000 workers in more than 100 countries. The company generated $14.3 billion in revenue in 2019.

 

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Posted-In: Earnings News