Fluor (NYSE:FLR – Get Free Report) posted its quarterly earnings data on Thursday. The construction company reported $0.77 EPS for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.03), FiscalAI reports. The company had revenue of $2 billion for the quarter, compared to the consensus estimate of $4.16 billion. Fluor had a positive return on equity of 8.82% and a negative net margin of 12.85%. Fluor’s revenue was up 10.5% on a year-over-year basis. During the same quarter last year, the business earned $0.68 EPS.
Fluor Stock Up 2.9%
Shares of Fluor stock traded up $1.32 during trading on Friday, reaching $46.30. 3,388,074 shares of the company traded hands, compared to its average volume of 2,102,125. The company has a 50 day moving average price of $50.43 and a 200-day moving average price of $49.34. Fluor has a 1-year low of $39.33 and a 1-year high of $58.35. The firm has a market capitalization of $6.19 billion, a PE ratio of -3.77, a P/E/G ratio of 0.95 and a beta of 1.22. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.80 and a quick ratio of 1.80.
Key Headlines Impacting Fluor
Here are the key news stories impacting Fluor this week:
- Positive Sentiment: Fluor reported a record $10.9 billion in third-quarter awards, including LNG Canada Phase 2 and two mining projects. Strong bookings may bolster future work, though management also flagged the possibility of a roughly $2 billion backlog reduction. Fluor Reports Third Quarter 2026 Results
- Positive Sentiment: New project wins and agreements add to Fluor’s opportunity pipeline: the company signed an EPC contract for a large data-center campus in Kentucky, was selected for an advanced small modular reactor project in Washington, and received full notice to proceed on a Chilean mining expansion. TeraWulf EPC contract SMR project selection Sierra Gorda project notice to proceed
- Negative Sentiment: Third-quarter EPS of $0.77 fell short of the $0.80 consensus, while revenue of $2 billion was well below analysts’ $4.16 billion estimate. Revenue did rise 10.5% year over year, but the forecast gap and potential backlog reset could weigh on confidence. Fluor earnings and backlog report
Analyst Upgrades and Downgrades
Several research firms have commented on FLR. Robert W. Baird raised their target price on shares of Fluor from $49.00 to $65.00 and gave the company a “neutral” rating in a report on Monday, August 10th. Truist Financial reiterated a “buy” rating and issued a $71.00 target price (up from $64.00) on shares of Fluor in a research report on Monday, August 10th. Zacks Research upgraded shares of Fluor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 11th. Citigroup reissued a “buy” rating on shares of Fluor in a report on Friday, October 23rd. Finally, Barclays increased their price objective on Fluor from $40.00 to $50.00 and gave the company an “equal weight” rating in a report on Monday, August 10th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Fluor currently has a consensus rating of “Hold” and an average price target of $63.33.
Read Our Latest Stock Analysis on FLR
About Fluor
Fluor Corporation is a global engineering, procurement, construction and project-management company serving government and commercial clients. The company provides design and construction services, project development, procurement, maintenance, operations support and consulting for complex infrastructure and industrial projects.
Fluor’s activities span energy, chemicals and advanced technologies, infrastructure, mining and metals, life sciences, and government and national-security programs.
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