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FLR Investors Have Opportunity to Join Fluor Corporation Fraud Investigation With the DJS Law Group
Prnewswire· 2025-08-07 08:46
Core Viewpoint - DJS Law Group is investigating Fluor Corporation for potential violations of securities laws following a significant decline in its stock price after disappointing financial results and a reduced full-year forecast [1][2]. Financial Performance - On August 1, 2025, Fluor announced its second-quarter financial results, which were below expectations, leading to a reduction in its full-year forecast [2]. - The company cited rising expenses due to subcontractor design flaws, cost escalations, and timeline setbacks as reasons for its underperformance [2]. - Following the announcement, Fluor's stock price dropped by over 30.5% during early trading on the same day [2]. Investor Impact - The investigation by DJS Law Group focuses on whether Fluor made false or misleading statements or omitted critical information that could affect investor decisions [2]. - The company had not disclosed the challenges it faced when it previously reaffirmed its full-year outlook, raising concerns about transparency [2]. Legal Context - DJS Law Group specializes in securities class actions and corporate governance litigation, indicating a strong focus on protecting investor interests [3]. - The firm represents large hedge funds and alternative asset managers, suggesting that the potential claims against Fluor could be significant [3].
FLR Investors Have Opportunity to Join Fluor Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-08-05 15:36
LOS ANGELES, Aug. 5, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fluor Corporation ("Fluor" or "the Company") (NYSE: FLR) for violations of the securities laws. The Schall Law Firm Brian Schall, Esq. 310-301-3335 [email protected] www.schallfirm.com The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investo ...
FLR CLASS ACTION: Fluor Corporation Investors may have been Affected by Fraud -- Contact BFA Law if You Suffered Losses (NYSE:FLR)
GlobeNewswire News Room· 2025-08-05 12:18
Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws due to undisclosed issues in its infrastructure projects, which have led to significant financial impacts [1][3]. Company Overview - Fluor Corporation is a global professional services firm that offers engineering, procurement, construction, fabrication, modularization, and project management services across three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - In its fiscal Q2 2025 results, Fluor reported disappointing earnings, including a $54 million net impact from cost growth and expected recoveries on three infrastructure projects, attributed to subcontractor design errors, schedule impacts, and price escalation [4]. - Following the earnings announcement on August 1, 2025, Fluor's stock price fell by more than 30% during trading, reflecting investor reaction to the disclosed issues [4]. Legal Implications - Investors in Fluor are encouraged to seek additional information regarding potential legal options due to the ongoing investigation and the company's financial disclosures [1][5].
INVESTOR ALERT: Investigation of Fluor Corporation (FLR) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2025-08-04 15:48
ATLANTA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Fluor Corporation ("Fluor" or the "Company") (NYSE: FLR) complied with federal securities laws. On August 1, 2025, Fluor released its second quarter 2025 financial results, revealing declines year over year in revenue, adjusted EPS, and adjusted EBITDA, which was attributed to "three long-standing infrastructure projects and a shift in expected capital spending from some clients." Following this news, the price of the C ...
Johnson Fistel Commences Investigation of Fluor Corporation
GlobeNewswire News Room· 2025-08-04 15:22
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Fluor Corporation regarding possible violations of federal securities laws following a significant drop in Fluor's stock price after disappointing financial results and lowered guidance [1][3]. Financial Performance - On August 1, 2025, Fluor Corporation reported its second-quarter financial results and lowered its full-year guidance, attributing the disappointing performance to escalating costs across several infrastructure projects, including subcontractor design errors, increased material prices, and scheduling delays [3]. - Fluor also noted a decline in capital spending among customers, which had not been previously disclosed despite earlier affirmations of its full-year outlook [3]. - Following the announcement, Fluor shares closed down 27.04% on August 1, 2025 [3]. Legal Investigation - Johnson Fistel, PLLP is reaching out to investors who incurred significant losses in Fluor securities to determine eligibility for participation in a potential class action or recovery of losses [2].
FLR LEGAL ALERT: Lose Money on Your Fluor Corporation Investment? Contact BFA Law about its Securities Fraud Investigation (NYSE:FLR)
GlobeNewswire News Room· 2025-08-03 11:07
Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws following the revelation of undisclosed issues in its infrastructure projects, leading to significant financial impacts and a sharp decline in stock price [1][3][4]. Company Overview - Fluor Corporation is a global professional services firm that provides engineering, procurement, construction, fabrication, modularization, and project management services across three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - In its fiscal Q2 2025 results, Fluor reported disappointing earnings, including a $54 million net impact from cost growth and expected recoveries on three infrastructure projects due to subcontractor design errors, schedule impacts, and price escalation [4]. - The company had previously claimed strong productivity across its infrastructure portfolio, which was contradicted by the undisclosed design errors and delays that significantly affected its business [3]. Stock Market Reaction - Following the earnings report on August 1, 2025, Fluor's stock price fell by more than 30% during trading, reflecting investor reaction to the negative financial news and the implications of the ongoing investigation [4].
Fluor (FLR) Q2 Profit Drops 60%
The Motley Fool· 2025-08-02 11:41
Core Insights - Fluor reported a significant miss on both non-GAAP earnings per share and GAAP revenue for Q2 2025, with non-GAAP EPS at $0.43 versus an estimate of $0.55, and GAAP revenue at $4.0 billion compared to expectations of $4.5 billion [1][5][9] - The company has lowered its full-year 2025 adjusted EBITDA guidance from $575–$675 million to $475–$525 million and adjusted EPS guidance from $2.25–$2.75 to $1.95–$2.15 per share, indicating ongoing execution and market challenges [1][9] Financial Performance - Non-GAAP EPS decreased by 49.4% year-over-year, missing analyst estimates by 21.8% [2][5] - GAAP revenue fell nearly 6% year-over-year to $4.0 billion [5] - Adjusted EBITDA dropped 41.8% to $96 million from $165 million in Q2 2024 [2] - Total segment profit decreased by 59.8% to $78 million from $194 million in the previous year [2] Segment Analysis - Urban Solutions reported a profit of $29 million, down from $105 million, with margins compressing to 1.4% from 5.7% due to cost overruns [6] - Energy Solutions experienced a 28.3% decline in GAAP revenue year-over-year, with significant losses impacting segment profit [6] - Mission Solutions saw revenue increase to $762 million from $704 million, but profit decreased from $41 million to $35 million [6] Business Strategy - Fluor is diversifying away from traditional oil and gas markets, focusing on life sciences and infrastructure, and emphasizing risk management and reimbursable contract models [4][3] - Client relationships and consistent project execution are prioritized to enhance revenue predictability [4] Notable Events - The company reported a $3.2 billion pre-tax mark-to-market gain on its NuScale Power investment, affecting net earnings but not core operations [8] - Fluor repurchased $153 million in shares during the quarter, totaling $295 million in 2025 [8] Future Outlook - Management has reiterated operating cash flow guidance of $200 million to $250 million for FY2025, which is significantly lower than earlier projections [9] - Focus areas include margin recovery in Urban and Energy Solutions, new project awards, and resolution of legacy project cost issues [10]
FLR BREAKING INVESTIGATION: BFA Law Announces an Investigation into Fluor Corporation after Stock Plummets over 30% on Infrastructure Delays – Contact BFA Law if You Lost Money
GlobeNewswire News Room· 2025-08-01 19:37
Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws due to undisclosed issues in its infrastructure projects, leading to significant financial impacts and a sharp decline in stock price [1][3][4]. Company Overview - Fluor Corporation is a global professional services firm that provides engineering, procurement, construction, fabrication, modularization, and project management services across three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - In its fiscal Q2 2025 results, Fluor reported disappointing earnings, including a $54 million net impact from cost growth and expected recoveries on three infrastructure projects, attributed to subcontractor design errors, schedule impacts, and price escalation [4]. - The company had previously claimed strong productivity in its infrastructure portfolio, which was contradicted by the revelation of undisclosed design errors and delays in several projects [3]. Stock Market Reaction - Following the announcement of its Q2 2025 financial results, Fluor's stock price fell by more than 30% during trading on August 1, 2025, reflecting investor reaction to the disclosed issues and financial impacts [4].
Why NuScale Power Stock Crashed Today
The Motley Fool· 2025-08-01 16:18
Core Viewpoint - Fluor's decision to sell a significant portion of its NuScale shares has led to a decline in NuScale's stock price, despite the company's strong performance [1][5]. Group 1: Fluor's Financial Performance - Fluor reported a 6% year-over-year decline in sales and nearly a 50% cut in adjusted profit [3]. - The gains from NuScale shares contributed $3.2 billion in pre-tax mark-to-market gains for Fluor in Q2, but also introduced volatility in Fluor's financial results [3][4]. Group 2: Share Conversion and Market Impact - Fluor plans to convert 15 million Class B NuScale shares into Class A shares, which may be sold for cash [4]. - This conversion aims to simplify accounting and return value to shareholders, but it raises concerns about flooding the market with additional shares, potentially depressing NuScale's stock price [5][6]. Group 3: Stock Performance and Investor Sentiment - NuScale's stock has increased fivefold over the past year, but the new risks associated with Fluor's share sale have prompted investors to consider selling [6].
美股异动 Q2业绩不及预期且下调全年利润指引 福陆(FLR.US)暴跌超30%
Jin Rong Jie· 2025-08-01 16:05
福陆公司下调了全年利润指引,称"客户因经济不确定性而犹豫"。管理层现在预计每股收益在1.95美元 至2.15美元之间,此前的目标区间是2.25美元至2.75美元。 周五,福陆(FLR.US)暴跌超30%,4月以来一度大涨58%,现报38.53美元。消息面上,该公司第二季度 调整后每股收益为43美分,低于华尔街预期的55美分。营业收入总计39.8亿美元,低于去年同期的42.3 亿美元,也低于分析师普遍预期的45.1亿美元。 本文源自:智通财经网 ...