Fluor Corp. (FLR) Tops Q3 EPS by 9c, Offers Guidance; FY16 EPS Falls Short of Views

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Go back to Fluor Corp. (FLR) Tops Q3 EPS by 9c, Offers Guidance; FY16 EPS Falls Short of Views

Fluor Reports Third Quarter Results

October 29, 2015 4:15 PM EDT

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) today announced financial results for its third quarter ended September 30, 2015. Net earnings attributable to Fluor from continuing operations were $176 million, or $1.21 per diluted share, compared to $183 million, or $1.15 per diluted share a year ago. Consolidated segment profit for the quarter was $240 million, down 28 percent from $335 million in the third quarter of 2014. Revenue for the third quarter was $4.4 billion, down from $5.4 billion a year ago, mainly due to lower contributions from the Oil & Gas and Industrial & Infrastructure segments.

New awards for the quarter were $5.3 billion, including... More