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IRVING, Texas (AP) — IRVING, Texas (AP) — Fluor Corp. (FLR) on Friday reported a loss of $241 million in its first quarter.
The Irving, Texas-based company said it had a loss of $1.42 per share. Earnings, adjusted for non-recurring costs, were 73 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.
The engineering, construction and operations company posted revenue of $3.98 billion in the period.
Fluor expects full-year earnings in the range of $2.25 to $2.75 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLR at https://www.zacks.com/ap/FLR