Fluor (FLR) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - Fluor (FLR) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.50, reflecting a change of +6.4% [3] - Revenues are anticipated to reach $4.25 billion, marking a 13.8% increase from the previous year [3] Earnings Expectations - The upcoming earnings report is scheduled for May 2, and the stock may rise if the actual results exceed expectations, while a miss could lead to a decline [2] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates a negative Earnings ESP of -8.39% for Fluor, suggesting a bearish outlook from analysts [10] - Fluor currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Fluor's actual earnings of $0.48 per share fell short of the expected $0.78, resulting in a surprise of -38.46% [12] - Over the past four quarters, Fluor has only surpassed consensus EPS estimates once [13] Industry Context - In the Zacks Engineering - R and D Services industry, Quanta Services (PWR) is expected to report earnings of $1.67 per share, reflecting a year-over-year change of +18.4% [17] - Quanta Services has a current Earnings ESP of -1.18% and a Zacks Rank of 3, making it difficult to predict an earnings beat [18]