Fluor Corp. ( FLR ) Is Sinking On Weak Q3 Revenue Forecast

(RTTNews.com) - Fluor Corp. ( FLR ) announced after the close Wednesday that it expects to report third quarter revenue of about $4.6 billion. The consensus estimate is for revenues of $4.95 billion.

Fluor has gapped open sharply lower Thursday morning and is now down 7.66 at $48.56 on above average volume. The stock has tumbled to over a 2 1/2 month low.

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