Fluor Corp. Q2 Profit Misses Estimates; Reduces 2015 Guidance - Quick Facts

(RTTNews) - Fluor Corp. (FLR) reported second quarter net earnings attributable to company from continuing operations of $149 million, or $1.00 per share, compared to $163 million, or $1.02 per share a year ago.

On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $1.05 for the quarter. Analysts' estimates typically exclude special items.

Revenue was $4.81 billion, down from $5.25 billion a year ago, mainly due to reductions in project execution activities in the Industrial & Infrastructure segment. Analysts expected revenue of $5.01 billion for the quarter.

The company reduced its 2015 guidance range of $4.40 to $5.00 per share to $4.05 to $4.35 per share. Analysts expect the company to report earnings per share of $4.41.