NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Fluor Corporation ("Fluor Corporation" or the "Company") (NYSE: FLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluor Corporation investors who were adversely affected by alleged securities fraud between February 18, 2025 and July 31, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/fluor-cor ...

Accessibility StatementSkip Navigation SAN DIEGO, Oct. 23, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Fluor Corporation (NYSE: FLR) securities between February 18, 2025 and July 31, 2025, all dates inclusive (the "Class Period"), have until Friday, November 14, 2025 to seek appointment as lead plaintiff of the Fluor class action lawsuit. Captioned Maglione v. Fluor Corporation, No. 25-cv-02496 (N.D. Tex.), the Fluor class action lawsuit charges Fluor as w ...

Core Thesis - Fluor Corporation (FLR) is positioned as a compelling investment opportunity due to its strategic transition towards high-growth sectors such as clean energy, hydrogen, and AI-focused data center construction, moving away from traditional oil and gas projects [2][4]. Valuation Metrics - As of October 21st, FLR's share price was $48.79, with trailing and forward P/E ratios of 1.80 and 17.64 respectively [1]. - The company is trading at a forward-looking valuation of 0.44x NTM sales and 12.9x NTM EBITDA, which is attractive compared to its peers [2]. Revenue and Profitability Growth - Analysts project a 4.1% revenue growth in FY26, driven by diversification into clean energy and technology-driven infrastructure projects [3]. - EBITDA is expected to expand by 35.3%, indicating operational leverage and higher-margin projects in new markets [3]. Strategic Positioning - FLR's early positioning in emerging energy and AI infrastructure markets, combined with its scale and expertise, makes it a uniquely undervalued opportunity within the EPC sector [4]. - The company's focus on large-scale, long-term projects provides stable revenue streams and enhances its resilience against the volatility of traditional oil and gas projects [3][4]. Investment Outlook - Investors may benefit from FLR's near-term earnings expansion and potential re-rating as the market recognizes the value of its strategic transition and long-term growth trajectory [4].

Accessibility StatementSkip Navigation WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statemen ...

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to allegations of misleading investors regarding its business prospects and financial guidance during the class period from February 28, 2025, to July 31, 2025 [1][3]. Allegations - The lawsuit claims that Fluor failed to disclose increasing costs associated with major projects, including the Gordie Howe International Bridge and I-635/LBJ, due to subcontractor design errors, price increases, and scheduling delays [3]. - It is alleged that these issues, along with reduced capital spending by customers and economic uncertainty, significantly impacted Fluor's business and financial results [3]. - The company's financial guidance for FY 2025 was deemed unreliable, with overstated risk mitigation strategies and understated impacts of economic uncertainty [3]. Financial Results - On August 1, 2025, Fluor reported disappointing Q2 2025 financial results, attributing them to rising costs in infrastructure projects and reduced customer spending [4]. - The adjusted EBITDA guidance was revised down to $475 million to $525 million from a previous range of $575 million to $675 million, and adjusted EPS was lowered to $1.95 to $2.15 from $2.25 to $2.75 [4]. - Following these disclosures, Fluor's stock price dropped by $15.35 per share, or 27.04%, closing at $41.42 per share [4]. Next Steps - Shareholders may participate in the class action against Fluor, with a deadline to submit lead plaintiff papers by November 14, 2025 [5]. - Shareholders can choose to remain absent class members without participating in the case [5].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (NYSE: FLR) by Berger Montague on behalf of investors who acquired shares between February 18, 2025, and July 31, 2025, alleging that the company misled investors regarding its financial guidance and undisclosed risks associated with major infrastructure projects [1][3]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally. Its Urban Solutions segment is the largest revenue contributor among its three segments [2]. Lawsuit Details - The lawsuit claims that Fluor and certain executives failed to disclose rising costs related to significant projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, which were impacted by subcontractor design errors, material price increases, and scheduling delays. Additionally, the company allegedly downplayed the adverse effects of reduced client capital spending and broader economic uncertainties [3]. Financial Guidance - In February 2025, Fluor projected an adjusted EPS for the full year 2025 in the range of $2.25 to $2.75 and EBITDA between $575 million and $675 million, which was reaffirmed in May 2025 [4]. Recent Performance - On August 1, 2025, Fluor reported disappointing second-quarter results, with non-GAAP EPS of $0.43, missing consensus estimates by 23%, and revenue of $3.98 billion, falling short by $570 million and down 5.9% year-over-year. The company significantly lowered its FY 2025 outlook, attributing the decline to project delays and reduced client awards. CEO James R. Breuer confirmed that the aforementioned projects were responsible for the poor performance. Following this announcement, Fluor's stock price dropped by $15.35, or 27.04%, closing at $41.42 [5].

NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Fluor Corporation (NYSE: FLR) between February 18, 2025 and July 31, 2025, both dates inclusive (the “Class Period”), of the important November 14, 2025 lead plaintiff deadline. SO WHAT: If you purchased Fluor securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT ...

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for allegedly making materially false and misleading statements regarding its business operations and financial prospects during the specified class period from February 18, 2025, to July 31, 2025 [3][7]. Allegation Details - The complaint claims that Fluor's management failed to disclose significant cost increases related to major projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, due to subcontractor design errors, price hikes, and scheduling delays [3]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a substantial negative impact on Fluor's business and financial results [3]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategies and an understated impact of economic uncertainty [3]. Next Steps - Investors who purchased Fluor shares and experienced losses are encouraged to contact the law firm Bragar Eagel & Squire for more information regarding their rights and potential claims [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 14, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across various courts in the United States [5].

Group 1 - Fluor (FLR) shares experienced a significant increase after activist investor Starboard Value acquired a nearly 5% stake in the company, indicating plans to enhance its stock performance [1] - The information regarding Starboard's investment and intentions was reported by The Wall Street Journal and detailed on Starboard's website [1] Group 2 - The broader market context includes rising prices for gold and silver, alongside a sell-off in bank stocks, indicating a volatile market environment [1]

Accessibility StatementSkip Navigation NEW YORK, Oct. 21, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Fluor Corporation ("Fluor Corporation" or the "Company") (NYSE: FLR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Fluor Corporation investors who were adversely affected by alleged securities fraud between February 18, 2025 and July 31, 2025. Follow the link below to get more information and be contacted by a member of our team ...