Fluor (FLR) Q2 Earnings and Revenues Lag Estimates

Group 1: Earnings Performance - Fluor reported quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.59 per share, and down from $0.85 per share a year ago, representing an earnings surprise of -27.12% [1] - The company posted revenues of $3.98 billion for the quarter, missing the Zacks Consensus Estimate by 17.4%, and down from $4.23 billion year-over-year [2] Group 2: Stock Performance and Outlook - Fluor shares have increased by approximately 15.1% since the beginning of the year, outperforming the S&P 500's gain of 7.8% [3] - The current consensus EPS estimate for the upcoming quarter is $0.63 on revenues of $4.86 billion, and for the current fiscal year, it is $2.51 on revenues of $18.52 billion [7] Group 3: Industry Context - The Engineering - R and D Services industry, to which Fluor belongs, is currently in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Aecom Technology, another company in the same industry, is expected to report quarterly earnings of $1.25 per share, reflecting a year-over-year change of +7.8% [9]