Fluor Corp. (FLR) Misses Q3 EPS by 9c; Guides FY EPS Below Views
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Fluor Reports Third Quarter Results
November 1, 2018 4:15 PM EDTIRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) today announced financial results for its third quarter ended September 30, 2018. Earnings attributable to Fluor for the third quarter were $77 million, or $0.55 per diluted share, compared to $94 million, or $0.67 per diluted share a year ago. The effective tax rate for the quarter was 34%, due to the company being unable to recognize tax benefits on certain foreign charges. Consolidated segment profit for the quarter was $207 million, compared to $203 million a year ago. Third quarter revenue was $4.7 billion compared to $4.9 billion in the prior year.
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