Investing.com - Fluor reported on Friday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Fluor announced earnings per share of $0.23 on revenue of $3.1B. Analysts polled by Investing.com anticipated EPS of $0.1494 on revenue of $3.21B.
Fluor shares are up 39.01% from the beginning of the year and are trading at $22.20 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Fluor shares gained 9.41% in intra-day trade the report.
Fluor follows other major Capital Goods sector earnings this month
Fluor's report follows an earnings beat by ASML ADR on October 20, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.
Honeywell had beat expectations on October 22 with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.
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