This week's biggest % winners & losers : July 29 - Aug 2, 19 (wk 31)

The following are this week's top percentage gainers and losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top % gainers

• Healthcare: MYGN (47.08 +62.74%), APHA (7.33 +33.27%), ACAD (28.73 +23.09%), CHRS (20.02 +19.95%), MEDP (76.48 +19.95%)
• Industrials: ENPH (29.12 +40%), QUAD (11.39 +37.39%), ACCO (9.64 +18.57%)
• Information Technology: SPWR (15.1 +47.17%), FIVN (58.03 +20.64%), EGOV (22.06 +19.63%), BL (56.01 +18.69%), TTMI (11.66 +18.5%), EVTC (36.38 +15.93%)
• Financials: CURO (12.7 +21.76%), COOP (9.04 +16.8%)
• Energy: NBR (2.62 +19.09%)

This week's top % losers

• Healthcare: ACOR (3.10 -54.28%),  FLDM (8.05 -32.41%), ABMD (200.62 -26.42%), VAPO (14.55 -26.22%)
• Materials: OI (12.38 -30.06%)
• Industrials: FLR (22.67 -31.2%), GVA (31.22 -30.06%), NSP (102.61 -29.05%), AAWW (32.75 -28.31%)
• Consumer Discretionary: ASNA (0.33 -25.4%)
• Information Technology: TWOU (13.68 -61.54%), PS (18.62 -39.41%)
• Energy: MDR (5.38 -47.46%), SPN (0.54 -34.01%), ESV (5.02 -30.95%)

=Fluor Corporation (FLR) reported earnings on Thur 1 Aug 2019 (a/h)

IRVING, Texas--(BUSINESS WIRE)--

Fluor Corporation (FLR) today announced financial results for its second quarter ended June 30, 2019. The second quarter was a net loss attributable to Fluor of $555 million, or $3.96 per diluted share, compared to net earnings of $115 million, or $0.81 per diluted share a year ago. Consolidated segment loss for the quarter was $573 million compared to a profit of $194 million a year ago. Second quarter revenue was $4.1 billion compared to $4.9 billion last year.

Earnings attributable to Fluor were negatively impacted by pre-tax charges of $714 million. These charges were the result of an operational and strategic review of Fluor’s businesses, as well as project developments during the quarter. This review included meetings with clients, subcontractors and suppliers, and settlements of outstanding claims. Results for the second quarter also include $46 million, related to restructuring charges for Fluor’s Stork and equipment business operations.

New awards for the quarter were $2.4 billion, including $732 million in Energy & Chemicals, $574 million in Diversified Services, $544 million in Government and $510 million in Mining, Industrial, Infrastructure & Power. Consolidated ending backlog of $35.5 billion compares to $29.3 billion a year ago.

"We understand the implications of the magnitude of these results,” said Carlos Hernandez, Fluor’s chief executive officer. “During the quarter, we commenced a comprehensive operational and strategic review of Fluor’s businesses. These charges reflect our efforts over the past few months to meet with clients, subcontractors, suppliers and our project teams to evaluate and address the status of our current projects. I believe this strategic review, coupled with our increased scrutiny on new prospects, will deliver improved value for our shareholders.”

Corporate G&A expense for the second quarter of 2019 was $53 million compared with $18 million a year ago. Results for last year included a foreign exchange benefit of $25 million. Fluor’s cash and marketable securities balance at the end of the second quarter was $1.9 billion, flat to last quarter. During the quarter, the company generated $109 million in cash from operating activities, and paid out $29 million in dividends.

-=Fluor (FLR) reported earnings on Thur 2 May 2019 (b/o)

Fluor misses by $0.67, misses on revs; guides FY19 EPS below consensus

• Reports Q1 (Mar) loss of $0.14 per share, $0.67 worse than the S&P Capital IQ Consensus of $0.53; revenues fell 13.1% year/year to $4.19 bln vs the $4.8 bln S&P Capital IQ Consensus.
• Co lowers guidance for FY19, sees EPS of $1.50 to $2.00 from $2.50 to $3.00 vs. $2.76 S&P Capital IQ Consensus.

Earnings this week : April 29 - May 3, 2019 (wk 18)

Japan's Nikkei will be closed throughout the week (six sessions) for Golden Week, which will be highlighted by the start of an imperial transition.

Monday (April 29)

• Afternoon: AKS APTS ARE BRKS BRX CACC CGNX CHE CHGG CLR CNI CNO CR ELVT EPR EQC ETH GHL GOOG HLIT HTLF INST JBT JJSF KAI LEG LNTH LOGI MEDP MGM MKSI MOH MUSA NBIX NXPI OGS OII OMF PCH PI RGA RIG SANM SBAC SSB SSD SXI TBI THC TNET TRTX TXRH VRNS WDC WRI WWD YUMC

Tuesday (April 30)

• Morning: AMRC AOS APRN ARCC ARNC AROC BHGE LSE:BP. CCEP CDK CEQP CHTR CMI CNX CNXM COP CRI CRTO CVLT DBD EAT ECA ECL EEFT EIGI EME EQM ETM ETN EXLS FDC FDP FIS FLWS GDI GE GEO GLDD GLT GLW GM GWR HCA HMST HUBB HUN I INCY IPGP IPHS IR KKR LDOS LH LL LLY LOVE LPT MA MCD MCRN MDSO MGP MLM MRK NEO NLSN NYCB OSK PCAR PFE PSX PSXP R RFP SABR SC SCL SF SHOP SMP SPG STX TECH THRM TNC TRS TRTN TTS VIVO WCG WDR WELL WH WRK ZBRA
• Tuesday: AAPL ACGL ACHC ADSW AKAM AMD AMED AMGN APAM ARLO ASH ATR AX BFAM BLKB BVN BXP CAI CAMP CB CBL CENX CHRW CMP COHR CRY CWST CXO CYH DENN DVN EIX ENLC ENPH EQR EXAS EXR FEYE FICO FISV FLEX FOE FTR GNW GRPN HCSG HUBG HURN HVT HY IPHI JKHY KBR LDL LKSD LSCC MC MDC MDLZ MDU MGRC MRCY MSTR MX MXIM NANO NATI NBR NEXA NUS OFC OKE OLN OSIS PAYC QTS QUAD REXR ROG RPAI RRD RRR SOI SSNC STAG SYX TCO TDOC TENB TEX TNDM TWLO UDR UNM USNA VNOM VRSK VRTX WES WIRE WNC ZEN

Wednesday (May 1)

• Morning: AAWW ADP AER ALNY AMCX AME AMRN ASC BDC BKI BMCH BTU CCJ CDW CG CIM CLH CLX CME CSTE CVS DIN DOC EAF EL ENBL EPD ESI ETR EXTR FTS GCI GIB GRMN HEP HLT HRS HUM IDXX IIVI IQV JCI KFRC LFUS LIVN LLL LXRX MGPI MMP MTOR NI NNN NRZ NSIT NVMI ORBC PBF PBFX PBI PNW RCL RDN RDWR SAIA SBH SEE SFS SITE SLCA SMG SO SPR SR ST STRA SXT TAP TKR TMHC TPB TRVG UFS UTHR WD WLTW WYND YUM

• Afternoon: ACAD AEGN AEL AFG AGI ALL AM ANSS APA AR AUY AWK AYX BLDP BNFT BWXT CACI CAKE CAR CASA CCRN CDAY CDE CF CHEF CLI CMPR CONE CPS CREE CRUS CSGS CZR DLB DOOR DXCM EB EQIX ES ESV EVTC EXEL EZPW FARO FIT FIVN FORM FOXF GIL H HABT HCC HCP HGV HI HIG HOLX HR HST ICLR INN INOV KAMN KW LMAT LNC LPI LSI MAA MANT MED MET MFC MITK MRO MTDR MXL MYRG NE NGVT NLY NPO NUVA O OI OTEX PDCE PDFS PDM PE PGRE PPC PRAH PRU PS PSA QCOM QLYS RGLD RPT RYI RYN SIGI SM SQ SRI SSW STAY SU SWM THG TRMB TTEK TTMI TUSK TYL VICI VNDA VVV WHD WK WLL WMB WPX WTI XPO ZNGA

Thursday (May 2)

• Morning: AAON ABC ABMD ACCO ACOR AGCO AGIO ALE APO APTV ARES ARW AVA AVP AYR BCE BERY BID BLL BSIG CBM CCOI CHD CI COT CRAI DAN DISC.A DLPH DNKN DNOW DWDP EEX EXC FLR FLOW FMS FSS GEL GNRC GPN HBI HFC HII HPP HRI IBP ICE IDA IDCC INGR IRWD ITGR JHG K KEX KIM LAMR MAC MD MGLN MNTA MPW MSCI MSGN MTRN MUR NEWM NRG NTCT NTLA NVCR OGE ONDK PCRX PEG PENN PGTI PH PPL PRFT PWR RDS.A RLGY SAGE SFM SNDR SPAR SPGI SRC SSYS STAR STFC STNG STOR TEVA TFX THS TOWR TPX TX UAA UNT USPH VMC W WCC WEX WLH WLK WLKP WP XHR XYL YETI ZEUS ZTS
• Afternoon: ACA ACIA AIV ALEX AMH AMKR AMN ANET ANIK AOSL APPF APPN ARCB ATGE ATUS ATVI BAND BGS BKH BL BLDR BRKR BZH CARB CATM CBLK CBPX CBS CC CCS CNXN CPSI CPT CRC CSLT CTSH CUB CYRX DATA DEI EBS ECOL ED EOG EPAY ERI ERII EXPE FLS FND FNKO FRT FSLR FTAI FTNT G GDDY GILD GMED GPOR GSHD HAYN HLF HTGC ICFI KLIC KWR LGND LNT LOCO LPLA LPSN LYV MATW MDRX MELI MERC MNST MPWR MRC MSI MTX MTZ NFG NP NPTN NSA OEC OLED PBA PCTY PLNT PMT PODD POST PTCT PVG RBBN REG RMAX RMD RPD SEM SHAK SHLX SIMO SPXC SRCL SWKS TDC TDS TMST TRUP TS TSE TSLX TTOO UCTT UIS UPLD USM USX VIAV VRAY WAIR WSC WTR WTS WW WYNN X XOG ZIXI

Friday (May 3)

• Morning: AMT ASIX AXL BCPC BIP CBOE D DISH ESNT FCAU GLOG HMSY IMGN ITT KOP NBL NJR NWL OPI ROCK RUTH SGMS TRP TWI VIRT WPC XRAY

=Fluor Corp. (FLR) reported earnings on Thur 3 May 2018 (a/h)

IRVING, Texas (AP) _ Fluor Corp. (FLR) on Thursday reported a first-quarter loss of $17.6 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Irving, Texas-based company said it had a loss of 13 cents. Earnings, adjusted for non-recurring costs, were 56 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

The engineering, construction and operations company posted revenue of $4.82 billion in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $4.84 billion.

Fluor expects full-year earnings to be $2.10 to $2.50 per share.

Fluor shares have climbed 14 percent since the beginning of the year, while the Standard & Poor's 500 index has declined roughly 2 percent. In the final minutes of trading on Thursday, shares hit $59, an increase of 14 percent in the last 12 months.

=Fluor (FLR) reported earnings on Thur 3 Nov 2016 (a/h)

Fluor reports Q3 (Sep) results, misses on revs; revises guidance to account for estimated cost increases on a petrochemical facility :

• Reports Q3 (Sep) earnings of $0.03 per share, may not be comparable to the Capital IQ Consensus of $0.88; revenues rose 8.7% year/year to $4.77 bln vs the $4.97 bln Capital IQ Consensus. Results for the quarter include an after-tax charge of $154 million, or $1.10 per diluted share, for estimated cost increases on a petrochemical facility in the United States.
• Co issues guidance for FY16, sees EPS of $2.20-2.40, may not be comparable to $3.31 Capital IQ Consensus Estimate.
• Co issues guidance for FY17, sees EPS of $2.75-3.25, may not be comparable to $3.50 Capital IQ Consensus Estimate. Guidance for 2017 assumes continued challenges in our commodity focused segment, offset by increasing opportunities in infrastructure, industrial and government.
• "We are very disappointed in the construction progress on a fixed-price Gulf Coast project that led to a significant charge this quarter," said David Seaton, Fluor chairman and chief executive officer. "Looking ahead to 2017, we remain focused on project execution and continuing to capture key prospects as they develop across our businesses."

FLR — is it a buy?

• May 25:  Is FLR a buy?

• 2 months later:  NO