Why Fluor Stock Is Climbing Higher Today

Construction and engineering giant Fluor (NYSE: FLR) saw its shares fall back in March, after the company sold off its South American operations and tried to wait out a couple of legacy projects that were eating into returns. Judging by the latest results, the company has succeeded in getting back on track.

Shares of Fluor gained more than 15% on Friday after the company easily surpassed Wall Street expectations for the quarter and upped its full-year guidance.

Fluor provides engineering and construction services for large customers. The company earned $0.76 per share in the second quarter on revenue of $3.94 billion, topping the consensus estimate of $0.43 per share on $3.6 billion in revenue.

Source Fool.com

Fluor Corp. Aktie

Fluor Corp. muss heute leichte Verluste wegstecken. Die Aktie notiert im Vergleich zu gestern um -0,60 % tiefer.
Positive Tendenz für Fluor Corp. mit mehreren Buy- und keiner Sell-Einschätzung.
Ein leicht positives Potenzial wird für Fluor Corp. mit einem Kursziel von 48 € im Vergleich zu 44.7 € gesehen.

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