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Fluor Corp. (FLR) Is Losing Ground On Disappointing Q3 Guidance

Fluor Corp. (FLR) announced after the close Wednesday that it expects to report third quarter revenue of about $4.6 billion. The consensus estimate is for revenues of $4.95 billion. The stock is now down 3.68 on 114K shares.

Fluor declined until mid-morning Wednesday, before settling into a range. The stock closed down by 2.49 at $56.22. Fluor sank to a 1-month low.

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