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Fluor Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Fluor expects earnings of 77 cents per share, up from 68 cents. 2. Quarterly revenue projected at $4.42 billion, rising from $3.82 billion. 3. Analysts generally maintain Buy ratings with varied price target revisions. 4. Fluor shares fell 3.4% to close at $43.40 before earnings release. 5. CEO Joe Brennan will retire in July 2025, impacting executive leadership.

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FAQ

Why Neutral?

Fluor's earnings and revenue increase signals stability, albeit with leadership changes. Previous earnings growth often stabilizes stock prices.

How important is it?

Fluor's quarterly performance is significant for sector evaluations, but CEO changes might create uncertainty. Earnings reports frequently influence investor sentiment, potentially affecting related indices like the S&P 500.

Why Short Term?

Earnings results will have immediate implications, but long-term trends depend on execution post-management transition. Historical results highlight short-term reactions to earnings reports.

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