Fluor

Fluor Corp. operates as a holding company. The firm engages in the provision of engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, as well as project management services, on a global basis. It operates through the following segments: Energy & Chemicals, Mining & Industrial, Infrastructure & Power, Diversified Services and Government. The Energy & Chemicals segment focuses on opportunities in the upstream, midstream, downstream, chemical, petrochemical, offshore and onshore oil and gas production, liquefied natural gas and pipeline markets. The Mining & Industrial segment provides design, engineering, procurement, construction and project management services to the mining and metals, transportation, life sciences, advanced manufacturing and technologies sectors. The Infrastructure & Power segment provides design, engineering procurement, construction and project management services to the infrastructure sector. The Diversified Services segment provides asset services, asset integrity services, equipment solutions and staffing services. The Government segment provides engineering, construction, logistics, base and facilities operations and maintenance, contingency response and environmental and nuclear services to the U.S. government and governments abroad. The company was founded by John Simon Flour, Sr. in 1912 and is headquartered in Irving, TX.

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Earnings data Q4 2024

Fluor reports robust earnings, eyes growth in diverse sectors

Fluor's Q4 2022 performance showcased strong financials, safety commitment, and growth opportunities.
While facing challenges in legacy projects and segment performance, the company aims for increased profitability.
With a focus on capital structure and market growth, Fluor is poised for future success.
Strategic decisions around cash utilization and business balance will be crucial for sustained growth.

Fluor reports strong Q1 earnings, eyes energy transition opportunities

Fluor's Q1 2023 performance showed revenue growth and affirmed guidance for 2023, with a focus on debt reduction and investments in the business.
The company faces challenges in legacy projects and cash requirements but sees opportunities in energy transition and robust new award prospects.
Overall, Fluor remains optimistic about its prospects and is actively pursuing strategic initiatives to drive growth and profitability.

Fluor reports strong Q2 earnings and eyes global growth opportunities

Fluor's Q2 2023 earnings call highlighted robust financial performance, diverse segment profits, and raised guidance, showcasing resilience and growth potential.
The company's strategic partnerships, successful project bids, and focus on operational efficiency position it well for future market opportunities and sustained profitability.
While facing challenges in margin improvements and market dynamics, Fluor's strong performance and expertise in complex projects offer opportunities for continued growth and success.
Overall, Fluor's performance in Q2 2023 reflects a solid foundation for future growth, supported by strategic initiatives and a diversified project portfolio.

Fluor reports robust Q3 earnings, AI adoption drives growth

Fluor's Q3 2023 performance showcased revenue growth, strong backlog, and improved financial metrics, underpinned by AI adoption and strategic focus.
While challenges like NuScale monetization and project execution risks exist, opportunities in talent acquisition and market trends offer avenues for growth.
Overall, Fluor's positive outlook for 2023 and 2024, along with confidence in performance, signal a promising trajectory for the company.

Fluor reports strong revenue growth and capital improvements in Q4

Fluor's 2023 performance showed revenue growth and profitability, with positive outlooks for 2024 and beyond.
The company's strengths lie in community impact, successful awards conversion, and capital structure improvements.
Challenges include segment profit variations and analyst concerns, while opportunities exist in upcoming awards and client spending trends.

Fluor reports solid Q1 performance, eyes growth opportunities ahead

Fluor's Q1 2024 performance showcased revenue growth, strong segment profits, and a high win rate, with challenges in Energy Solutions and cash flow lumpiness.
The company's strengths include substantial backlog growth, strategic pursuit criteria, and a focus on fair contract terms to mitigate losses.
Opportunities lie in linear bookings ramp-up, return to U.S. profitability, and managing geopolitical risks for sustained growth.
Despite challenges, Fluor's financial outlook remains positive, with expectations of improved cash flow and decreased legacy funding by year-end.

Fluor excels in Q2 2024, faces margin challenges amid growth

Fluor delivered a strong performance in Q2 2024 with significant revenue, new awards, and segment profits.
While facing challenges in maintaining margins and navigating industry dynamics, the company's diversified portfolio and strong backlog provide a foundation for growth.
Opportunities lie in high-value projects, operational enhancements, and strategic leadership changes, positioning Fluor for future success.

Fluor reports solid Q3 earnings, eyes growth amid challenges

Fluor's Q3 performance reflects a mix of strong revenue, varied segment profits, and improved cash flows, underlining financial resilience.
While facing challenges in certain segments and adjusted guidance, Fluor's robust backlog and strategic initiatives signal growth potential.
Opportunities lie in capital return plans, NuScale's technology lead, and post-legacy project stability, positioning Fluor for future success.

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Fluor Corp. is a holding company, which engages in the provision of engineering, procurement and construction (EPC), fabrication and modularization, and project management services. It operates through the following segments: Energy Solutions, Urban Solutions, Mission Solutions, and Other. The Energy Solutions segment focuses on energy transition markets, asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources. The Urban Solutions segment involves the provision of EPC, project management, and professional staffing services. The Mission Solutions segment includes the technical products to federal agencies and services to commercial nuclear clients. The Other segment consists of operations on AMECO, Stork and NuScale. The company was founded by John Simon Flour, Sr. in 1912 and is headquartered in Irving, TX.

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that David E. Constable, a member of the Fluor Board of Directors, has been appointed chief executive officer (CEO), effective January 1, 2021. Constable succeeds Carlos Hernandez, who will retire as CEO and a member of the company's Board at the end of the year. Constable is a versatile executive with significant international experience and a proven track record of driving growth and value creation across multiple i

Fluor Corporation Announces Leadership Transition

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the U.S. General Services Administration (GSA) awarded the company a five-year position on the indefinite-delivery/indefinite-quantity One Acquisition Solution for Integrated Services Contract (OASIS). As a company selected for a position on OASIS, Fluor is now eligible to compete for task orders designed to provide flexible and innovative solutions for complex professional services spanning multiple professional

Fluor Selected for 5-Year Position for the U.S. General Services Administration's One Acquisition Solution for Integrated Services Contract

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Revenue for the quarter was $4.1 billion and the net loss from continuing operations was $171 million or $1.22 per diluted share. Consolidated segment profit for the quarter was $52 million, up from $39 million a year ago. Consolidated continuing operations for the first quarter of 2020 included non-cash impairments and charges of approximately $353 million to re

Fluor Reports First Quarter 2020 Results

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the MEGlobal BookraMEG project has been named a finalist for Construction Project of the Year for the 2020 S&P Global Platts Global Energy Awards. In addition, Rocky Plemons, vice president of construction for Fluor, has been named a finalist for the organization's prestigious Lifetime Achievement award. The BookraMEG Project is a world-scale 750,000 metric-ton-per-annum monoethylene glycol and di-ethylene gl

Fluor Named Finalist in Two Categories for 2020 S&P Global Platts Global Energy Awards

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor's Diversified Services segment, was awarded a new approximately five-year contract under the consortium of CMgP, Consorcio Mantenimiento de Gasoductos del Peru, (Stork Peru S.A.C. and SICIM S.P.A.) by Compañía Operadora de Gas, S.A.C – COGA in Peru. Fluor booked the undisclosed contract value in the third quarter of 2020. Stork will provide integral pipeline maintenance services to the Sistem

Fluor's Stork Awarded 5-Year Pipeline Maintenance Contract in Peru

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that UAMPS was awarded a funding vehicle that could provide up to $1.355 billion by the U.S. Department of Energy (DOE) for NuScale Power's first prospective small modular nuclear reactor project. Fluor is poised to assist UAMPS and NuScale in bringing the world's first clean energy, carbon-free SMR project to commercialization. Fluor and NuScale are working with UAMPS in the development of the Carbon Free Power Proje

Fluor and NuScale Power Poised for Utah Associated Municipal Power Systems (UAMPS) Carbon-Free Power Project Next Steps

IRVING, Texas & UTRECHT, the Netherlands--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that Stork, part of Fluor’s Diversified Services segment, was awarded a three-year maintenance contract by NAM (Nederlandse Aardolie Maatschappij), a joint venture between Shell and Esso, in the Netherlands. Fluor booked the undisclosed contract value in the third quarter of 2020. Stork will provide all daily maintenance and rapid response services as well as deliver engineering, project and

Stork Awarded 3-Year Maintenance Contract by Shell & Esso Joint Venture NAM in the Netherlands

Fluor Corporation’s stock climbed nearly 12.5% in the last 5 trading days. This is not surprising considering how the stock tends to rebound following dips historically.

Fluor Corporation Stock Jumps 12.5%: Signal For Traders Or Investors?

Fluor's (FLR) Marine Propulsion unit secures a contract modification from the U.S. Navy.

Fluor's Unit Wins $1.12B Contract Modification From US Navy

IRVING, Texas & PHOENIX--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the Loop 202 South Mountain Freeway project in the Phoenix metropolitan area—the largest project ever managed by the Arizona Department of Transportation (ADOT)—has been selected as one of the top 12 finalists in the national America’s Transportation Awards competition. This annual event recognizes projects that make travel in the U.S. safer, better and more accessible to motorists, bicyclists and pedes

Fluor-Led Loop 202 South Mountain Freeway Project in Arizona Named a Finalist for Top National Awards

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Fluor Corporation jumped more than 10% in the last 5 trading days, and was only one of the very few stocks to do so. Does it mean that you should jump on the bandwagon?

Fluor Corporation Is Going Up – What Comes Next?

Fluor (FLR) reports loss of $11.97 per share for 2019 and expects to file first-quarter 2020 results within the next month.

Fluor (FLR) Reports Full-Year 2019 Loss But Shares Up 2.6%

Fluor Corporation (FLR) CEO Carlos Hernandez on Q4 2019 Results - Earnings Call Transcript

Fluor Corporation (FLR) 2019 10-K Earnings Conference (Transcript)

Fluor Corporation (FLR) CEO Carlos Hernandez on 2019 10-K Earnings Conference Call (Transcript)

Fluor restated its FY2019 results after an SEC investigation, and the results have FLR stock falling hard on Friday morning.
The post Fluor Earnings: FLR Stock Falls 6% on Restated Annual Results, Pulls Guidance appeared first on InvestorPlace.

Fluor Earnings: FLR Stock Falls 6% on Restated Annual Results, Pulls Guidance

The engineering company continues to struggle.

Why Fluor Stock Is Tumbling Today

Shares of Fluor (NYSE:FLR) decreased 1% in pre-market trading after the company reported Q4 results. Quarterly Results
Earnings per share fell 87.01% year over year to $0.10, which may not compare to the estimate of ($0.08).

Recap: Fluor Q4 Earnings

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today announced financial results for its year ended December 31, 2019. Results for 2019 were a net loss from continuing operations of $1.7 billion, or $11.97 per diluted share, compared to earnings from continuing operations of $9 million, or $0.07 per share for 2018. The net loss attributable to Fluor includes impairment, restructuring and other exit costs of $533 million, expenses of $138 million related to the settlement of the U

Fluor Reports Full Year 2019 Results

On Friday, September 25, Fluor (NYSE: FLR) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings Outlook For Fluor

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the company named Teri P. McClure as a director effective October 1, 2020. McClure will serve on the board’s audit and governance committees and will bring the total number of Fluor board members to 13. McClure was with United Parcel Service (UPS) for nearly 25 years where she was most recently the company’s chief human resources officer and senior vice president, labor. Her previous positions at the company incl

Fluor Names Teri McClure as New Board Member

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its 2019 10-K for the period ended December 31, 2019. The public is invited to listen to the conference call on Friday, September 25, 2020, at 8:30 a.m. Eastern time with Executive Chairman Alan Boeckmann, Chief Executive Officer Carlos Hernandez and Chief Financial Officer Joe Brennan. Financial results will be released prior to the market open that day. Please go to investor.fluor.c

Fluor Corporation to Hold 2019 10K Earnings Conference Call

Investors need to pay close attention to Fluor (FLR) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Fluor (FLR) Stock?

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