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Update: Fluor Shares Rise After Higher Q2 Adjusted Earnings, Revenue

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(Updates with the latest stock movement in the headline and first paragraph.)

Fluor (FLR) shares were up 10.5% in early Friday trading after the company reported higher Q2 adjusted earnings and revenue.

The company reported Q2 adjusted earnings Friday of $0.91 per diluted share, up from $0.43 a year earlier.

Analysts polled by FactSet expected $0.70.

Revenue for the quarter ended June 30 was $4.33 billion, compared with $3.98 billion a year earlier.

Analysts polled by FactSet expected $3.92 billion.

Price: $53.94, Change: $+5.13, Percent Change: +10.51%

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