20.02.2024 15:59:43 - dpa-AFX: Fluor Shares Fall After Reporting Q4 Loss Despite Beating Street And Increased Revenue

WASHINGTON (dpa-AFX) - Shares of engineering and construction firm Fluor
Corporation (FLR) are falling more than 5 percent Tuesday morning after
reporting a loss in the fourth quarter compared with profit last year. The
company's revenue came in below analysts' view.

Fluor reported a loss of $21 million or $0.12 per share for the fourth quarter,
compared with earnings of $9 million or $0.01 loss per share in the prior year.

Excluding special items, the company posted profit of $0.68 per share.

Revenue for the quarter was $3.8 billion, up from $3.7 billion a year ago.

Analysts on average, polled by Thomson-Reuters expected the company to report
profit of $0.57 per share, on revenues of $4.11 billion for the quarter.

FLR, currently at $39.27, has traded in the range of $25.69 - $43.24 in the last
1 year.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FLUOR CORP. (NEW) DL-,01 591332 Frankfurt 36,880 24.05.24 08:03:08 -0,450 -1,21% 0,000 0,000 36,880 36,880

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH