Why Fluor Stock Rocked the Market Today

Fluor Corporation surged 16.92% on Friday after posting strong second-quarter earnings that beat analyst expectations. The company reported $4.3 billion in revenue (up 9% YoY) and adjusted net income of $0.91 per share (up 79% YoY), exceeding analyst estimates of $3.9 billion revenue and $0.70 EPS. New awards more than tripled to $6.1 billion from $1.8 billion year-over-year, demonstrating strong client confidence and business expansion.