WASHINGTON (dpa-AFX) - Fluor Corp. (FLR) announced, taking into consideration the lower than expected second quarter results, the company is narrowing 2016 guidance for EPS to a range of $3.25 to $3.50, from the previous range of $3.25 to $3.65. Analysts polled by Thomson Reuters expect the company to report profit per share of $3.39. Analysts' estimates typically exclude special items.
Net earnings attributable to Fluor for the second quarter were $102 million, or $0.72 per share, compared to $149 million, or $1.00 per share a year ago.
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