Fluor Corp. (FLR) Misses Q2 EPS by 77c, Miss on Revenues; Slashes FY17 EPS Guidance Well Below Estimates

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/24/2026

1. QCOM
2. CBRS
3. FDX
4. USO
5. MU
6. SPY
7. KBH
8. HTZ
9. HON
10. JPM

Go back to Fluor Corp. (FLR) Misses Q2 EPS by 77c, Miss on Revenues; Slashes FY17 EPS Guidance Well Below Estimates

Deutsche Bank Downgrades Fluor (FLR) to Hold

August 4, 2017 6:48 AM EDT

Deutsche Bank downgraded Fluor (NYSE: FLR) from Buy to Hold with a price target of $40.00 (from $55.00) citing execution concerns.

Analyst Chad Dillard notes thee oil & gas bookings recovery is taking longer than expected suggesting downside
risk to 2018 street EPS. Further, Dillard said execution... More