Fluor (NYSE:FLR) will release its quarterly earnings report on Friday, 2024-11-08. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Fluor to report an earnings per share (EPS) of $0.76.
The announcement from Fluor is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Earnings Track Record
In the previous earnings release, the company beat EPS by $0.17, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Fluor's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.68 | 0.54 | 0.57 | 0.56 |
| EPS Actual | 0.85 | 0.47 | 0.68 | 1.02 |
| Price Change % | 0.0% | -6.0% | -3.0% | 6.0% |
Performance of Fluor Shares
Shares of Fluor were trading at $58.74 as of November 06. Over the last 52-week period, shares are up 62.31%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for Fluor visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
