WASHINGTON (dpa-AFX) - Fluor Corp. (FLR) reported that its first quarter net income attributable to the company was $166.5 million, or $1.02 per share, up from net earnings of $154.9 million, or $0.92 per share, in 2012.
The latest-quarter results were primarily driven by growth in the Oil & Gas and Industrial & Infrastructure segments, said Fluor.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.96 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $7.18 billion, which represented a 14 percent increase over $6.29 billion recorded in the same quarter last year. Sixteen analysts had consensus revenue estimate of $6.91 billion for the quarter.
The company maintained its earnings per share guidance for 2013 at the previously announced range of $3.85 to $4.35 per share. Analysts currently expect the company to report earnings of $4.17 per share for fiscal 2013.
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