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Fluor Analysts Boost Their Forecasts After Q2 Results
Fluor Corp (NYSE:FLR) reported mixed results for its second quarter on Friday.
The company posted second-quarter fiscal 2024 revenue growth of 7.3% year over year to $4.227 billion, missing the consensus of $4.360 billion, according to data from Benzinga Pro.
Energy Solutions $1.595 billion (-7.3% Y/Y), Urban Solutions $1.83 billion (+52.3% Y/Y), Mission Solutions $704 million (-0.14% Y/Y) and Others $97 million (-68.8% Y/Y).
Adjusted EPS improved to 85 cents from 76 cents a year ago, beating the consensus of 68 cents.
"Our quarterly results demonstrate that our strategy is working, thereby ensuring targeted market growth ...