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Fluor Corp. (FLR) Misses Q3 EPS by 7c; Guides FY11 EPS Below Views; OKs 12M Common Buyback

November 3, 2011 4:07 PM EDT
Fluor Corp. (NYSE: FLR) reported Q3 EPS of $0.78, $0.07 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $6.04 billion versus the consensus estimate of $6.28 billion.

Fluor Corp. sees FY2011 EPS of $3.20-$3.40, versus the consensus of $3.43.

Authorizes 12 million common buyback.


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Earnings, Guidance, Hot Guidance, Stock Buybacks