04.05.2017 22:33:03

Fluor Corp. Reports 42% Retreat In Q1 Earnings

(RTTNews) - Fluor Corp. (FLR) reported earnings for first quarter that declined compared to the same period last year.

The company said its profit declined to $60.6 million, or $0.43 per share. This was down from $104.3 million, or $0.74 per share, in last year's first quarter.

Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.3% to $4.83 billion. This was up from $4.42 billion last year.

Fluor Corp. earnings at a glance:

-Earnings (Q1): $60.6 Mln. vs. $104.3 Mln. last year. -Earnings Decline (Y-o-Y): -41.9% -EPS (Q1): $0.43 vs. $0.74 last year. -EPS Decline (Y-o-Y): -41.9% -Analysts Estimate: $0.67 -Revenue (Q1): $4.83 Bln vs. $4.42 Bln last year. -Revenue Change (Y-o-Y): 9.3%

-Guidance: Full year EPS guidance: $2.25 to $2.75

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Fluor Corp. 46,95 -0,28% Fluor Corp.