Robust Backlog Growth Aids Fluor (FLR), Project Delays Hurt
Fluor(FLR) Zacks Investment Research·2024-03-20 03:21
Fluor Corporation (FLR) is benefiting from robust demand for its engineering and construction solutions, which is reflected in its new award wins and backlog growth. Also, its diversified business is encouraging.The company’s earnings estimate for 2024 has moved north in the past seven days to $2.84 per share from $2.82, showcasing growth rate of 4% year over year. Furthermore, the earnings growth rate of the first quarter of 2024 is 92.9% year over year. The growth prospect is further solidified with a VGM ...