Fluor Corp. (FLR) Misses Q2 EPS by 5c, Lowers FY EPS Guidance

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Fluor Reports Second Quarter Results

July 30, 2015 4:05 PM EDT

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) today announced financial results for its second quarter ended June 30, 2015. Net earnings attributable to Fluor from continuing operations were $149 million, or $1.00 per diluted share, compared with $163 million, or $1.02 per diluted share a year ago. Consolidated segment profit for the quarter was $282 million, down from $313 million in the second quarter of 2014. Segment profit results reflect a 21 percent increase in Oil & Gas, which was offset by a decline in the Industrial & Infrastructure, Power and Global Services segments. Revenue for the second quarter was $4.8 billion, down from... More