Fluor Corp. (FLR) to Release Quarterly Earnings on Thursday
Fluor Corp. (NYSE:FLR) will be releasing its Q313 earnings data on Thursday, October 31st. Analysts expect Fluor Corp. to post earnings of $1.03 per share and revenue of $7.23 billion for the quarter. Fluor Corp. has set its FY13 guidance at $3.85-4.20 EPS.Parties that wish to register for the company’s conference call can do so using this link.
Fluor Corp. (NYSE:FLR) last released its earnings data on Thursday, August 1st. The company reported $0.98 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.01 by $0.03. The company had revenue of $7.19 billion for the quarter, compared to the consensus estimate of $7.26 billion. During the same quarter last year, the company posted $0.95 earnings per share. Fluor Corp.’s revenue was up .9% compared to the same quarter last year. On average, analysts expect Fluor Corp. to post $4.07 EPS for the current fiscal year and $4.59 EPS for the next fiscal year.
Fluor Corp. (NYSE:FLR) opened at 76.88 on Wednesday. Fluor Corp. has a 1-year low of $51.09 and a 1-year high of $68.48. The stock’s 50-day moving average is $65.10 and its 200-day moving average is $62.28. The company has a market cap of $12.534 billion and a P/E ratio of 27.16.
Several analysts have recently commented on the stock. Analysts at KeyCorp raised their price target on shares of Fluor Corp. from $70.00 to $86.00 in a research note to investors on Tuesday, October 22nd. On a related note, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Fluor Corp. in a research note to investors on Wednesday, October 9th. They now have a $90.00 price target on the stock, up previously from $74.00. Finally, analysts at Jefferies Group initiated coverage on shares of Fluor Corp. in a research note to investors on Wednesday, October 9th. They set a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Fluor Corp. presently has an average rating of “Buy” and an average target price of $76.92.
Fluor Corporation (NYSE:FLR) is a holding company.
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