Investing.com - Fluor (NYSE:FLR) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Fluor announced earnings per share of $-1.22 on revenue of $4.12B. Analysts polled by Investing.com anticipated EPS of $0.26 on revenue of $4.33B.
Fluor shares are down 36.44% from the beginning of the year, still down 42.56% from its 52 week high of $20.89 set on January 17. They are under-performing 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 ASML ADR on October 14, who reported EPS of $2.99 on revenue of $4.65B, compared to forecasts EPS of $2.64 on revenue of $4.36B.
Lockheed Martin had beat expectations on Tuesday with third quarter EPS of $6.25 on revenue of $16.5B, compared to forecast for EPS of $6.09 on revenue of $16.1B.
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