Fluor's Q3 Earnings & Revenues Miss Estimates, Guidance Lowered
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Fluor Corporation's Q3 2024 earnings and revenues missed estimates, primarily due to lower-than-expected contributions from its Energy Solutions segment. The company has also lowered its guidance.
November 08, 2024 | 6:30 pm
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Fluor Corporation's Q3 2024 earnings and revenues fell short of expectations, with the Energy Solutions segment underperforming. The company has also reduced its future guidance.
The miss in earnings and revenues, along with the lowered guidance, suggests potential short-term negative sentiment and pressure on FLR's stock price. The underperformance in the Energy Solutions segment is a significant factor in this outlook.
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IMPORTANCE 80
RELEVANCE 100