Fluor(FLR)

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Fluor's Q1 Earnings Surpass Estimates, Revenues Miss, Stock Up
ZACKS· 2025-05-02 16:30
Fluor Corporation (FLR) reported mixed first-quarter 2025 results with adjusted earnings topping the Zacks Consensus Estimate while revenues missed the same. On a year-over-year basis, the top and bottom lines grew.The quarter’s result reflects increased execution activities on several large projects in the company’s Urban Solutions segment, partially offset by soft contributions from the Energy and Mission Solutions segments.Fluor’s performance highlights the impact of its four-year strategy focused on exp ...
Fluor(FLR) - 2025 Q1 - Earnings Call Transcript
2025-05-02 12:30
Fluor (FLR) Q1 2025 Earnings Call May 02, 2025 08:30 AM ET Speaker0 replay of today's conference call will be available at approximately 10:30 a. M. Eastern Time today, accessible at Fluor's website at investor.fluor.com. The web replay will be available for thirty days. A telephone replay will also be available for seven days through a registration link, also accessible on website at investor.fluor.com. At this time, for opening remarks, I would like to turn the call over to Jason Landkammer, Vice Presiden ...
Fluor (FLR) Q1 Earnings Top Estimates
ZACKS· 2025-05-02 12:05
分组1 - Fluor reported quarterly earnings of $0.73 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, and up from $0.47 per share a year ago, representing an earnings surprise of 46% [1] - The company posted revenues of $3.98 billion for the quarter ended March 2025, missing the Zacks Consensus Estimate by 6.26%, compared to $3.73 billion in the same quarter last year [2] - Fluor has surpassed consensus EPS estimates two times over the last four quarters but has not beaten consensus revenue estimates during the same period [2] 分组2 - The stock has underperformed, losing about 27.5% since the beginning of the year, while the S&P 500 declined by 4.7% [3] - The current consensus EPS estimate for the coming quarter is $0.59 on revenues of $4.76 billion, and for the current fiscal year, it is $2.42 on revenues of $18.63 billion [7] - The Zacks Industry Rank for Engineering - R and D Services is in the top 24% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]
Fluor(FLR) - 2025 Q1 - Quarterly Results
2025-05-02 11:03
Financial Performance - Q1 2025 revenue of $4.0 billion, up 7% year-over-year[6] - GAAP net loss attributable to Fluor of $241 million, impacted by $477 million in mark-to-market losses on NuScale investment[6] - Adjusted EBITDA of $155 million, up 76% year-over-year[6] - Adjusted net earnings for the three months ended March 31, 2025, were $125 million, with an adjusted EPS of $0.73, compared to $81 million and $0.47 in 2024[24] - The company reported a net loss attributable to Fluor of $(241) million for the three months ended March 31, 2025, compared to a net income of $59 million in 2024[24] - Net earnings excluding amounts attributable to equity method loss for the three months ended March 31, 2025, were $88 million, with an effective tax rate of 19%[22] - The effective tax rate attributable to equity method loss was also 19%[22] Awards and Backlog - New awards totaled $5.8 billion, down 17% year-over-year, with 87% being reimbursable[11] - Backlog decreased to $28.7 billion, down 12.3% year-over-year, with 79% being reimbursable[11] - Q1 revenue book to burn ratio of 1.5x, indicating strong project pipeline[5] Cash Flow and Capital Expenditures - Operating cash flow for the three months ended March 31, 2025, was $(286) million, compared to $(111) million in the same period of 2024[23] - Capital expenditures for the three months ended March 31, 2025, were $(11) million, down from $(34) million in 2024[23] - Cash and cash equivalents at the end of the period were $2,433 million, an increase from $2,335 million in the same period of 2024[23] Shareholder Returns - Accelerated share repurchases of $142 million in Q1, targeting $600 million for 2025[5] - The company repurchased $142 million of common stock during the three months ended March 31, 2025[23] Segment Performance - Urban Solutions segment reported a profit of $70 million, with revenue increasing to $2.2 billion[12] - Energy Solutions segment reported a profit of $47 million, with revenue decreasing to $1.2 billion[13]
Fluor(FLR) - 2025 Q1 - Quarterly Report
2025-05-01 22:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-16129 FLUOR CORPORATION (Exact name of registrant as specified in its charter) Delaware 33-0927079 (State or other jurisdi ...
Fluor (FLR) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-04-25 15:06
Fluor (FLR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 2. On the othe ...
Fluor Corporation Stock: Strategic Construction Exposure Across Key Growth Sectors
Seeking Alpha· 2025-04-25 14:47
I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. Long-term focused on low P/B, P/FCF, Owner Earnings discounting, PEG ratios, the Graham Number and an occasional net-net hunter. I also believe tracking earnings growth versus price appreciation is an essential element to any quality evaluation.I also advocate self-indexing primarily using the Dow Jones Industrial Average as my index of choice combined with Joel Greenblatt's Magic Formula. This can help w ...
New Strong Sell Stocks for April 21st
ZACKS· 2025-04-21 19:15
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Emeren Group Ltd (SOL) is a solar energy company. The Zacks Consensus Estimate for its current year earnings has been revised 88.9% downward over the last 60 days.Fluor Corporation (FLR) is an engineering and construction company. The Zacks Consensus Estimate for its current year earnings has been revised 13.8% downward over the last 60 days.Harley-Davidson, Inc. (HOG) is a motorcycle company.The Zacks Consensus Estimate for its curre ...
Fluor Stock: Low Valuation And Long-Term Growth
Seeking Alpha· 2025-04-07 09:55
David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.Analyst’s Disclosure: I/we have no stock, option or similar derivative ...
Fluor to Offer EPCM Services for a Billion-Dollar Project in Indiana
ZACKS· 2025-04-03 17:55
Fluor Corporation (FLR) has received a letter of intent (LOI) from a leading pharmaceutical maker, marking its second multi-billion-dollar contract win after 2023.Per the project, Fluor will offer engineering, procurement and construction management (EPCM) services for the pharmaceutical maker’s mega project in Lebanon, IN. The project underscores a facility that will be manufacturing peptide-based drugs for Type 2 diabetes and weight control, representing the largest ever investment made in an active pharm ...