Fluor Earnings Preview: Get Ahead of the Analysts
Fluor (NYSE:FLR) will report earnings after markets close on Thursday, May 2nd. Fluor Corporation is a professional services company. The Company provides engineering, procurement, construction and maintenance as well as project management services on a global basis. Fluor also provides outsourcing of maintenance services and asset operations, equipment rental and sales, business support services, and other services.
Here is your Cheat Sheet to Fluor Earnings:
Earnings Expectations: Analysts expect earnings of $0.96 per share on revenues of $6.91 billion. Currently, the company’s P/E ratio stands at 20.90.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.03 to a profit $1.02. For the current year, the average estimate is a profit of $4.17, which is the same as the estimate ninety days ago.
Here’s how Fluor has been performing on an annual basis:
|Revenue ($) in millions||22,330||21,990||20,850||23,380||27,580|
|Diluted EPS ($)||3.93||3.75||1.98||3.40||2.71|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||6,252||6,290||7,128||7,136||7,023|
|Diluted EPS ($)||0.8967||0.91||0.95||0.86||-0.0263|
Fluor has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)