Investing.com - Fluor (NYSE:FLR) reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Fluor announced earnings per share of $-2.09 on revenue of $15.67B. Analysts polled by Investing.com anticipated EPS of $0.2215 on revenue of $3.69B.
Fluor shares are up 23.86% from the beginning of the year, still down 8.00% from its 52 week high of $21.50 set on January 21. They are outperforming the EUR/USD which is down 0% from the start of the year.
Fluor follows other major Capital Goods sector earnings this month
Fluor's report follows an earnings beat by Honeywell on January 29, who reported EPS of $2.07 on revenue of $8.9B, compared to forecasts EPS of $2 on revenue of $8.4B.
Caterpillar had beat expectations on January 29 with fourth quarter EPS of $2.12 on revenue of $11.24B, compared to forecast for EPS of $1.49 on revenue of $11.19B.
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