Fluor (FLR) Soars 8.2%: Is Further Upside Left in the Stock? [Yahoo! Finance]
ALFA-LAVAL AB UNSP/ADR (ALFVY)
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Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 9.2% gain over the past four weeks. Investors are gaining confidence in Fluor's market standing and outlook as the company consistently lands new contracts and meets its strategic goals. This engineering, construction and operations company is expected to post quarterly earnings of $0.78 per share in its upcoming report, which represents a year-over-year change of -23.5%. Revenues are expected to be $4.76 billion, up 20.1% from the year-ago quarter. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For Fluor, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving hi
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