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Why Fluor Stock Is Climbing Higher Today

TheMotleyFool 
0 0 04.08.23
Why Fluor Stock Is Climbing Higher TodayPhoto, wide shot, wide-angle lens, Janitorial service, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/4d4e885c-79e9-4b8f-bd91-e9721cd7c2e9.png
 

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.

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Source Fool.com

Fluor Corp. Stock

€45.15
1.010%
There is an upward development for Fluor Corp. compared to yesterday, with an increase of €0.45 (1.010%).
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Fluor Corp..
With a target price of 48 € there is a slightly positive potential of 6.31% for Fluor Corp. compared to the current price of 45.15 €.
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