FLR Slips on Analyst Comment – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/18245/FLR+Slips+on+Analyst+Comment++-+Zacks+Tale+of+the+TapePosted on Monday, March 16th, 2009 | In Stocks to Watch
Contributed by: James Giaquinto (http://www.zacks.com/) -
According to the AP, an analyst at Jefferies & Company announced that customers of Fluor Corporation (FLR) are cutting back in the recession, sending shares lower by more than 7% Monday.
However, the analyst also said that the company could surpass expectations for this year. FLR has a good record for beating Wall Street’s quarterly earnings expectations, having put together an average surprise of almost 13% over the past 4 quarters.
The consensus estimate for this year is down to $3.76 from $3.84 over the past 2 months.
FLR is currently a Zacks #3 Rank (”Hold”) company.
“FLR” Free Stock Analysis: Buy? Sell? Hold?
Zacks Investment Research
Last 5 posts by James Giaquinto
- Top Performer for Wed: J. Crew Group (JCG) - Zacks #1 Rank Top Performers - November 25th, 2009
- Top Performer for Tues: AMICAS (AMCS) - Zacks #1 Rank Top Performers - November 24th, 2009
- Top Performer for Mon: La-Z-Boy (LZB) - Zacks #1 Rank Top Performers - November 23rd, 2009
- Top Performer for Thurs: Select Comfort (SCSS) - Zacks #1 Rank Top Performers - November 19th, 2009
- Top Performer for Wed: Chico's (CHS) - Zacks #1 Rank Top Performers - November 18th, 2009
Tags for this Post:
Fluor Corporation, Jefferies, Stocks to Watch, USD, wall street, Zacks Market Commentaries
Fluor Corporation, Jefferies, Stocks to Watch, USD, wall street, Zacks Market Commentaries
 About James Giaquinto (http://www.zacks.com/)
James Giaquinto is an Editor at Zacks Investment Research. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.