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Dow Dips Over 200 Points; Fluor Shares Slide After Q3 Results

1. Fluor Corporation (FLR) shares fell 2% after quarterly results. 2. Adjusted earnings per share met estimates but revenue missed significantly. 3. Revenue declined 18% to $3.37 billion, below $4.20 billion consensus.

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FAQ

Why Bearish?

FLR’s revenue miss and significant decline raise concerns about future performance, similar to past declines during similar revenue misses.

How important is it?

FLR's recent earnings failure directly impacts its stock price, making it pertinent to investors.

Why Short Term?

Market reactions often focus on recent earnings; FLR might face continued pressure in the near term.

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