Fluor Corp. (FLR) announced earnings for its second quarter that Increased from the same period last year but missed the Street estimates.
The company's earnings totaled $2.460 billion, or $14.81 per share. This compares with $169 million, or $0.97 per share, last year.
Excluding items, Fluor Corp. reported adjusted earnings of $72 million or $0.43 per share for the period.
Analysts on average had expected the company to earn $0.56 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 5.9% to $3.978 billion from $4.227 billion last year.
Fluor Corp. earnings at a glance (GAAP) :
-Earnings: $2.460 Bln. vs. $169 Mln. last year.-EPS: $14.81 vs. $0.97 last year.-Revenue: $3.978 Bln vs. $4.227 Bln last year.
-Guidance:Full year EPS guidance: $1.95 to $2.15
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