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.

Fluor Corporation (NYSE:FLR ) Q1 2023 Earnings Conference Call May 5, 2023 8:30 PM ET Company Participants Jason Landkamer - Head of IR David Constable - Chairman & CEO Joe Brennan - CFO Conference Call Participants Andy Wittmann - Baird Jamie Cook - Credit Suisse Sean Eastman - KeyBanc Capital Markets Michael Dudas - Vertical Research Brent Thielman - D.A. Davidson Steven Fisher - UBS Andrew Kaplowitz - Citigroup Operator Good morning, and welcome to Fluor's First Quarter 2023 Earnings Conference Call.

Fluor Corporation (FLR) Q1 2023 Earnings Call Transcript

Fluor (FLR) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.16 per share a year ago.

Fluor (FLR) Q1 Earnings Miss Estimates

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced financial results for its first quarter ended March 31, 2023. Revenue for the quarter was $3.8 billion and net loss attributable to Fluor was $107 million, or $0.82 per diluted share. Consolidated segment loss1 for the quarter was $15 million compared to $115 million profit in the first quarter of 2022. Results for the quarter include $80 million in charges on two legacy projects and a $60 million impact from the sale of AM.

Fluor Reports First Quarter 2023 Results

Fluor (FLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fluor (FLR) Earnings Expected to Grow: Should You Buy?

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Fluor (FLR) Stock Undervalued Right Now?

Fluor (FLR) is set to deliver its carbon capture technology for FCL's Co-op Renewable Diesel Complex in Regina, Canada.

Fluor's (FLR) Econamine FG Plus Technology Selected by FCL

Fluor (FLR) to help Longview in demonstrating the feasibility of the laser fusion technology and delivering it to the commercial market.

Fluor (FLR) to Develop Innovative Laser Fusion Power Plants

Fluor (FLR) is benefiting from the solid contract win and the "Building a Better Future" strategy.

Fluor's (FLR) JV Wins Hanford Integrated Tank Disposition Deal

IRVING, Texas--(BUSINESS WIRE)-- #FluorBuildsABetterWorld--Fluor Signs MOU with Longview Fusion Energy Systems to Support Innovative Laser Fusion Power Commercialization

Fluor Signs MOU with Longview Fusion Energy Systems to Support Innovative Laser Fusion Power Commercialization

The company reported positive GAAP earnings in fiscal 2022 (First year in five). The market through the long-term technicals continues to price in the ramifications of more work being completed and the higher reimbursable backlog.

Fluor: Elevated Activity Points To A Rising Share Price

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Fluor (FLR) is benefiting from the "Building a Better Future" strategy.

Fluor (FLR) Divests AMECO South America Business, Stock Down

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the company sold its AMECO South America business, which includes assets in Chile and Peru, to STRACON Group, a diversified strategic partner to the mining sector in the Americas. This transaction marks the completion of the AMECO divestiture which was a strategic initiative to allow Fluor to focus on its core businesses and capital priorities.

Fluor Sells AMECO South America to STRACON Group

Fluor (FLR) benefits from a higher contribution from the Energy Solutions segment in fourth-quarter 2022.

Fluor's (FLR) Q4 Earnings & Revenues Miss, 2023 Views Strong

Fluor (FLR) delivered earnings and revenue surprises of -20.37% and 10.42%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Fluor (FLR) Q4 Earnings and Revenues Lag Estimates

Fluor (FLR) wins the net-zero carbon emissions ethylene cracker and derivatives complex contract from Dow in Canada.

Fluor (FLR) Secures Contract From Dow, Increases Backlog

Fluor Corporation (NYSE:FLR ) Q4 2022 Earnings Conference Call February 21, 2023 8:30 PM ET Company Participants Jason Landkamer - Head of Investor Relations David Constable - Chairman and Chief Executive Officer Joe Brennan - Chief Financial Officer Conference Call Participants Michael Dudas - Vertical Research Andy Wittmann - Baird Jamie Cook - Credit Suisse Brent Thielman - D.A. Davidson Steven Fisher - UBS Michael Feniger - Bank of America Operator Good morning, and welcome to Fluor's Fourth Quarter 2022 Earnings Conference Call.

Fluor Corporation (FLR) Q4 2022 Earnings Call Transcript

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced financial results for its year ended December 31, 2022. Revenue for 2022 was $13.7 billion and net income from continuing operations attributable to Fluor was $145 million, or $0.73 per diluted share. Consolidated segment profit2 for the year was $427 million compared to $415 million in 2021.

Fluor Reports Fourth Quarter and Full Year 2022 Results

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Fluor's (FLR) Q4 results are likely to reflect solid contributions from infrastructure business, focus on technology enhancement and cost controls.

Here's What You Should Expect From Fluor's (FLR) Q4 Earnings

IRVING, Texas--(BUSINESS WIRE)--Fluor (NYSE: FLR) announced today that it was awarded a reimbursable contract by Dow to provide front-end engineering and design (FEED) and engineering, procurement and construction management (EPCM) services for the world's first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada.

Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada

Fluor (FLR) is benefiting from a solid contract flow and the "Building a Better Future" strategy.

Fluor (FLR) Unit Wins Agilent's Facility Expansion Contract

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that its Advanced Technologies & Life Sciences business was selected by Agilent Technologies, Inc., to expand its oligonucleotide therapeutics manufacturing facility in Frederick, Colorado, just north of Denver. Fluor is supporting engineering and procurement as part of the project. The total project value is $725 million.

Fluor Selected for Agilent Life Sciences Facility Expansion in Colorado

Fluor (FLR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Fluor Stock (FLR)