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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Fluor has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)