Fluor Q2 Adj EPS $0.76 Beats $0.36 Estimate, Sales $3.94B Beat $3.61B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fluor Corporation (NYSE:FLR) reported Q2 adjusted earnings of $0.76 per share, beating the analyst consensus estimate of $0.36 by 111.11%. The company also reported quarterly sales of $3.94 billion, surpassing the analyst consensus estimate of $3.61 billion by 9.05%. Both earnings and sales figures represent significant increases from the same period last year.
August 04, 2023 | 2:57 pm
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POSITIVE IMPACT
Fluor's Q2 earnings and sales significantly exceeded analyst estimates, which could lead to a positive short-term impact on the company's stock.
Fluor's Q2 earnings and sales figures significantly beat analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100