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FLR
Benzinga
182 days

Crude Oil Gains 1.5%; Fluor Shares Plunge Following Downbeat Earnings

1. FLR shares dropped 11% following missed quarterly earnings estimates. 2. The broader market saw declines, with Nasdaq falling 100 points. 3. Energy shares rose by 1.8%, contrasting FLR's performance. 4. The NY Empire State Manufacturing Index improved, indicating economic growth.

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FAQ

Why Bearish?

FLR's significant earnings miss directly affects investor sentiment negatively, similar to past earnings misses leading to price drops.

How important is it?

The earnings miss is crucial for investors assessing FLR's performance and future potential.

Why Short Term?

Immediate market reaction to earnings typically influences short-term price movements, as seen in previous quarterly reports.

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