Fluor shares are trading higher after the company reported better-than-expected Q2 financial results and raised FY23 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Fluor Corporation's shares are trading higher following the release of its Q2 financial results, which exceeded expectations. The company also raised its FY23 adjusted EPS guidance above estimates.
August 04, 2023 | 3:21 pm
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Fluor Corporation's stock is trading higher due to better-than-expected Q2 results and an increase in FY23 adjusted EPS guidance.
Fluor Corporation's Q2 financial results exceeded expectations, which is a positive signal to investors about the company's performance. Additionally, the company raised its FY23 adjusted EPS guidance above estimates, indicating confidence in its future performance. These factors are likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100