Fluor Corp Earnings Preview: Analyts Expect Higher Revenue

Fluor Corp FLR releases its next round of earnings this Thursday, August 4, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report.

Earnings and Revenue:

Analysts are looking ahead to a positive EPS of 81 cents/share and revenues of $5.77 billion. Investors will be keen to see how this quarter's numbers stack up against the year-ago quarter's positive EPS of 87 cents/share on revenues of $5.15 billion. We'll have to wait for Thursday to see if Fluor Corp reports a decline in EPS and a boost in revenue from the year-ago quarter, as analysts are predicting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

Shares of Fluor Corp were trading at $63.53 as of July 29, 2011. Shares are down 3.8% year to date. For a full 12 months, the return has risen by 23.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Fluor Corp is a Moderate Buy. The strength of this rating has declined slightly over the past three months.

Competitors:

Wondering how Fluor Corp compares to rivals in the same sector? Here are a few of the company's peers.

• EMCOR Group EME: Hold with a $0.47 recent quarter EPS
• Granite Construction GVA: Hold with a -$0.24 recent quarter EPS
• Michael Baker (BKR): Moderate Buy with a $0.08 recent quarter EPS
• Babcock & Wilcox Company (BWC): Hold with a $0.28 recent quarter EPS

The engineering/R&D services company's industry has seen price/earnings growth of 3.8% during the current fiscal year.

Finally, a description of the company's main areas of operation: Fluor Corp provides professional services and project management in the fields of procurement, engineering, construction and maintenance.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Fluor Corp earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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