While reporting financial results for the third quarter on Tuesday, engineering company Fluor Corp. (FLR) raised its adjusted earnings guidance for the full-year 2025 to a range of $2.10 to $2.25 per share from the prior guidance range of $1.95 to $2.15 per share.
On average, ten analysts polled expect the company to report earnings of $2.06 per share for the quarter. Analysts' estimates typically exclude special items.
For the third quarter, the company reported a net loss of $697 million or $4.30 per share, compared to net income of $54 million or $0.31 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter was $0.68 per share, compared to $0.51 per share in the year-ago quarter.
Revenue for the quarter declined to $3.37 billion from $4.09 billion in the same quarter last year.
The Street was looking for earnings of $0.45 per share on revenues of $4.20 billion for the quarter.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.