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FLR
Benzinga
44 mins

Fluor Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. FLR's Q3 earnings expected at 45 cents, down from 51 cents last year. 2. Expected revenue is $4.2 billion, up from $4.09 billion last year. 3. Previous quarter results were below estimates, causing a 6% share drop. 4. Analysts maintain mostly Buy ratings but reduced price targets significantly. 5. Analyst consensus reflects caution over FLR's future earnings performance.

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FAQ

Why Bearish?

FLR's declining EPS and mixed analyst ratings indicate a potential downward pressure, reminiscent of past struggles impacting stock performance.

How important is it?

The article discusses upcoming earnings, which are crucial for short-term stock performance. Analysts’ adjustments indicate caution, influencing investor behavior.

Why Short Term?

Immediate earnings report likely to cause volatility; short-term investor sentiment could shift based on results.

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