Fluor Corp Surprises with Q3 Earnings Despite Loss

Fluor Corporation, a prominent engineering and construction firm, reported a substantial third-quarter loss of $697 million, or $4.30 per share. However, after adjusting for one-time gains and costs, the company actually posted earnings of $0.68 per share, surpassing Wall Streets expectations of $0.44 per share. The companys revenue for the quarter was $3.37 billion, and it projects full-year earnings to be between $2.10 and $2.25 per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.