Sign in

    FLUOR (FLR)

    Fluor Corporation (NYSE: FLR) is a global professional services firm that provides engineering, procurement, construction (EPC), fabrication and modularization, and project management services. The company serves diverse industries worldwide, including advanced technologies and manufacturing, chemicals, infrastructure, life sciences, LNG, mining and metals, nuclear project services, energy transition, and oil and gas production and fuels. Fluor also offers services to the U.S. federal government and governments abroad, delivering solutions across various sectors.

    1. Urban Solutions - Provides EPC and project management services to industries such as advanced technologies and manufacturing, life sciences, mining and metals, and infrastructure. Includes operations and maintenance business, professional staffing services, and Plant & Facility Services.
    2. Energy Solutions - Offers EPC services for traditional oil and gas markets, including production and fuels, chemicals, LNG, and power markets. Supports energy transition markets, including nuclear power, asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, and hydrogen.
    3. Mission Solutions - Delivers high-end technical solutions to the U.S. and other governments, including agencies like the DOE, Department of Defense, FEMA, and intelligence agencies. Also serves commercial nuclear clients.
    4. Other - Encompasses various smaller operations and services that do not fall under the main segments.

    You might also like

    Program DetailsProgram 1
    Approval DateNovember 3, 2011
    End Date/DurationNo fixed expiration date
    Total Additional Amount20,000,000 shares (authorized in November 2024)
    Remaining Authorization24,583,068 shares as of March 31, 2025
    DetailsPart of capital allocation strategy to enhance shareholder value and provide flexibility in reinvesting, share repurchases, dividends, and acquisitions
    CustomerRelationshipSegmentDetails

    U.S. Government

    Multiple contracts for engineering and technical solutions with agencies including DOE, DOD, FEMA, etc.

    All

    2024: $2,610 million (16% of $16,315 million) 2023: 9% of total revenue 2022: 16% of total revenue

    Recent press releases and 8-K filings for FLR.

    Fluor Corporation Faces Class Action Lawsuit Following Revised Financial Guidance
    ·$FLR
    Legal Proceedings
    Guidance Update
    Demand Weakening
    • A class action lawsuit has been filed against Fluor Corporation (NYSE: FLR) and certain officers, on behalf of investors who purchased securities between February 18, 2025, and July 31, 2025.
    • The lawsuit alleges that Fluor made materially false and misleading statements regarding its business, operations, and prospects, specifically concerning growing costs on infrastructure projects and the impact of economic uncertainty on its financial guidance.
    • On August 1, 2025, Fluor reported Q2 2025 non-GAAP EPS of $0.43 and revenue of $3.98 billion, both missing consensus estimates.
    • Concurrently, Fluor significantly revised its FY 2025 financial guidance downwards, projecting adjusted EBITDA between $475 million and $525 million and adjusted EPS between $1.95 and $2.15.
    • Following these disclosures, Fluor's stock price fell $15.35 per share, or 27.04%, on August 1, 2025.
    1 day ago
    Fluor Corporation faces class action lawsuit following Q2 2025 results
    ·$FLR
    Legal Proceedings
    Profit Warning
    Demand Weakening
    • A class action lawsuit has been filed against Fluor Corporation (FLR) by Berger Montague PC on behalf of investors who purchased shares between February 18, 2025, and July 31, 2025.
    • The lawsuit alleges that FLR misrepresented its financial condition and failed to disclose escalating problems, including rising costs and delays, on major infrastructure projects within its Urban Solutions segment.
    • This action follows FLR's announcement of disappointing Q2 2025 results on August 1, 2025, with EPS of $0.43 and revenue of $3.98 billion, missing consensus estimates and leading to a 27% stock price plunge.
    • The company also slashed its full-year forecast due to project execution failures and a slowdown in new contract awards.
    • The deadline for investors to seek appointment as a lead plaintiff representative is November 14, 2025.
    5 days ago
    Fluor Corporation Faces Class Action Lawsuit Following Revised Guidance
    ·$FLR
    Legal Proceedings
    Guidance Update
    Profit Warning
    • Pomerantz LLP has filed a class action lawsuit against Fluor Corporation and certain officers, alleging violations of federal securities laws during the February 18, 2025, to July 31, 2025, Class Period.
    • The complaint alleges that Fluor made materially false and misleading statements regarding growing costs on key infrastructure projects (Gordie Howe, I-635/LBJ, I-35) and understated the impact of economic uncertainty on its financial results.
    • On August 1, 2025, Fluor reported Q2 2025 non-GAAP EPS of $0.43 and revenue of $3.98 billion, missing consensus estimates.
    • Concurrently, Fluor significantly revised its FY 2025 guidance downwards, with adjusted EBITDA now projected at $475 million to $525 million (from $575 million to $675 million) and adjusted EPS at $1.95 to $2.15 per share (from $2.25 to $2.75 per share).
    • Following these disclosures, Fluor's stock price dropped $15.35 per share, or 27.04%, to close at $41.42 per share on August 1, 2025.
    6 days ago
    Fluor Reports Q2 2025 Results and Revises Full-Year Guidance
    ·$FLR
    Earnings
    Guidance Update
    Demand Weakening
    • Fluor reported Q2 2025 revenue of $4 billion , consolidated segment profit of $78 million , adjusted EBITDA of $96 million , and adjusted EPS of $0.43. The company experienced an operating cash outflow of $21 million for the quarter.
    • New awards for Q2 2025 totaled $1.8 billion , bringing year-to-date new awards to $7.6 billion , with total backlog remaining around $28 billion.
    • The company revised its full-year 2025 guidance, with adjusted EBITDA now expected to be $475 million to $525 million and adjusted EPS between $1.95 and $2.15. Operating cash flow guidance was also revised down to $200 million to $250 million for the full year.
    • Fluor noted market hesitation due to trade policy, cost escalation, and interest rates, leading to project cancellations or extended deferrals. The company also reduced its share repurchase cadence for 2025 to $450 million to $500 million.
    Aug 2, 2025, 5:35 AM