Fluor (NYS: FLR) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see.

The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Fluor's revenues will improve 11.5% and EPS will wane -2.1%.

The average estimate for revenue is $6.73 billion. On the bottom line, the average EPS estimate is $0.92.


Revenue details
Last quarter, Fluor reported revenue of $6.29 billion. GAAP reported sales were 24% higher than the prior-year quarter's $5.06 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.91. GAAP EPS of $0.91 for Q1 were 17% higher than the prior-year quarter's $0.78 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 4.4%, 90 basis points worse than the prior-year quarter. Operating margin was 3.8%, 90 basis points worse than the prior-year quarter. Net margin was 2.5%, 30 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $27.10 billion. The average EPS estimate is $3.77.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,267 members out of 1,301 rating the stock outperform, and 34 members rating it underperform. Among 251 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 243 give Fluor a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fluor is outperform, with an average price target of $72.20.

The article Fluor Earnings Are on Deck originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is the co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Fluor. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


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