Investing.com - Fluor (NYSE:FLR) reported on Friday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fluor announced earnings per share of $0.13 on revenue of $3.3B. Analysts polled by Investing.com anticipated EPS of $0.2852 on revenue of $3.39B.
Fluor shares are up 2.54% from the beginning of the year, still down 18.90% from its 52 week high of $31.32 set on April 18. They are outperforming 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 July 26, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on July 21 with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.
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