Investing.com - Fluor (NYSE:FLR) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fluor announced earnings per share of $0.31 on revenue of $3.2B. Analysts polled by Investing.com anticipated EPS of $0.2727 on revenue of $3.27B.
Fluor shares are down 14.9% from the beginning of the year, still down 17.91% from its 52 week high of $25.68 set on December 14, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Fluor follows other major Industrials sector earnings this month
Fluor's report follows an earnings beat by United Parcel Service on February 1, who reported EPS of $3.59 on revenue of $27.85B, compared to forecasts EPS of $3.1 on revenue of $27.06B.
Raytheon Technologies had beat expectations on January 25 with fourth quarter EPS of $1.08 on revenue of $17.04B, compared to forecast for EPS of $1.02 on revenue of $17.29B.
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