Fluor Co. (NEW) (NYSE:FLR) released its quarterly earnings data on Thursday. The construction company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.16, Bloomberg Earnings reports. The firm had revenue of $4.80 billion for the quarter, compared to the consensus estimate of $4.86 billion. Fluor Co. (NEW) had a net margin of 1.21% and a return on equity of 11.31%. The firm’s revenue was down 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 earnings per share. Fluor Co. (NEW) updated its FY 2019 guidance to $2.50-3.00 EPS and its FY19 guidance to $2.50-3.00 EPS.
FLR traded up $0.12 during midday trading on Thursday, reaching $37.82. 2,938,947 shares of the company’s stock were exchanged, compared to its average volume of 1,986,844. The company has a current ratio of 1.52, a quick ratio of 1.12 and a debt-to-equity ratio of 0.52. The stock has a market cap of $5.20 billion, a P/E ratio of 23.20, a PEG ratio of 0.57 and a beta of 1.75. Fluor Co. has a 1-year low of $29.78 and a 1-year high of $62.08.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 2nd. Shareholders of record on Monday, March 4th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date is Friday, March 1st. Fluor Co. (NEW)’s payout ratio is currently 51.53%.
About Fluor Co. (NEW)
Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, and project management services worldwide. The company's Energy & Chemicals segment offers a range of design, engineering, procurement, construction, fabrication, and project management services in the upstream, midstream, downstream, chemical, petrochemical, offshore and onshore oil and gas production, liquefied natural gas and pipeline markets.
Receive News & Ratings for Fluor Co. (NEW) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fluor Co. (NEW) and related companies with MarketBeat.com's FREE daily email newsletter.