Group 1 - The article discusses a value investing approach focusing on classical value ratios such as low P/B, P/FCF, Owner Earnings discounting, PEG ratios, and the Graham Number [1] - It emphasizes the importance of tracking earnings growth versus price appreciation as a key element in evaluating investment quality [1] - The author advocates for self-indexing using the Dow Jones Industrial Average combined with Joel Greenblatt's Magic Formula for tax efficiency [1] Group 2 - The author has a background in private credit and CRE mezzanine financing, having worked with notable developers like The Witkoff Group and Fortress Investment Group [1] - The author is fluent in Mandarin and has experience working in China and Asia, which may provide insights into those markets [1]

Group 1 - Emeren Group Ltd (SOL) is a solar energy company with a Zacks Consensus Estimate for its current year earnings revised 88.9% downward over the last 60 days [1] - Fluor Corporation (FLR) is an engineering and construction company with a Zacks Consensus Estimate for its current year earnings revised 13.8% downward over the last 60 days [1] - Harley-Davidson, Inc. (HOG) is a motorcycle company with a Zacks Consensus Estimate for its current year earnings revised 5.8% downward over the last 60 days [2]

Core Viewpoint - The article emphasizes the importance of investing in high-quality growth and momentum stocks that are reasonably priced, with a focus on long-term performance and market outperformance [1]. Group 1: Investment Strategy - The investment strategy involves focusing on growth and momentum stocks that are expected to outperform the market over the long term [1]. - The analyst has a history of advising investors to buy at market lows, specifically mentioning a recommendation in March 2009 during the financial crisis, which led to significant market gains [1]. Group 2: Market Performance - From 2009 to 2019, the S&P 500 increased by 367%, while the Nasdaq saw an increase of 685%, highlighting the potential for substantial returns in the stock market [1]. Group 3: Investor Guidance - The article aims to assist investors in making money through investments in high-quality growth stocks, indicating a commitment to guiding investment decisions [1].

Group 1: Core Insights - Fluor Corporation has secured a letter of intent from a leading pharmaceutical maker, marking its second multi-billion-dollar contract win in 2023 [1] - The project involves providing engineering, procurement, and construction management (EPCM) services for a facility in Lebanon, IN, dedicated to manufacturing peptide-based drugs for Type 2 diabetes and weight control, representing the largest investment in an active pharmaceutical ingredient facility [2][3] - Fluor's president highlighted the project as one of the largest life science initiatives ever undertaken, reinforcing the company's leadership in the EPCM sector [3] Group 2: Business Strategy and Performance - Fluor has been implementing a "Building a Better Future" strategy for over four years, focusing on growth outside traditional oil and gas sectors, pursuing fair commercial contracts, and maintaining financial discipline [4] - The company's backlog reached $28.5 billion at the end of 2024, with 80% being reimbursable contracts, indicating a strong demand for its services moving into 2025 [5] - Despite a year-to-date decline of 24.6% in shares, Fluor's diversified business portfolio is expected to position it well for future opportunities [7]

Core Viewpoint - Fluor Corporation has secured a $671 million construction contract from the Texas Department of Transportation for the State Highway 6 project, highlighting its commitment to infrastructure development in Texas and strengthening its long-term partnership with TxDOT [1][3]. Group 1: Contract Details - The contract involves reconstructing and widening a 12-mile stretch of SH 6 between College Station and Bryan, expanding the highway from two lanes to three in each direction to accommodate increased commuter traffic [4]. - Construction is expected to start in summer 2025, with substantial completion anticipated by spring 2030, and the contract will be recorded in the first quarter of 2025 [1][4]. Group 2: Company Strategy and Market Position - Fluor has been implementing its "Building a Better Future" strategy for over four years, focusing on growth by expanding into markets beyond traditional oil and gas, while prioritizing fair commercial terms and financial discipline [5]. - The total backlog at the end of 2024 was $28.5 billion, a decrease from $29.4 billion in the previous year, attributed to softness in the Energy and Mission Solutions segments; however, the company remains optimistic about demand trends moving into 2025 [6]. Group 3: Performance and Challenges - Shares of Fluor have decreased by 27.3% over the past three months, compared to an 18.3% decline in the Zacks Engineering - R and D Services industry, facing challenges such as foreign currency risks and project delays [8]. - The company is likely to benefit from its diversified business portfolio, allowing it to focus on stable markets while capitalizing on cyclical opportunities [9].

Group 1 - Fluor Corporation (NYSE: FLR) reported its full-year results, indicating a slowdown in sales and margins [1] - The company is analyzed in terms of its operations and future outlook, with a focus on long-term investment strategies [1] Group 2 - The article emphasizes a preference for a portfolio that includes a mix of growth, value, and dividend-paying stocks, with a particular focus on value [1]

Core Viewpoint - Fluor's shares have decreased by approximately 3.3% since the last earnings report, although this performance has outpaced the S&P 500 [1] Group 1: Earnings Report and Estimates - The consensus estimate for Fluor has shifted downward by 28.13% over the past month, indicating a negative trend in estimates revisions [2] - The stock has received a Zacks Rank of 5, categorized as a Strong Sell, suggesting expectations of below-average returns in the upcoming months [4] Group 2: VGM Scores - Fluor currently holds a Growth Score of B, but has a low Momentum Score of F, while also receiving a B grade for value, placing it in the second quintile for this investment strategy [3] - The aggregate VGM Score for Fluor is B, which is relevant for investors not focused on a single strategy [3]

Fluor Corporation (FLR) led joint venture (JV), including Worley, Kazakh Institute of Oil and Gas and KazGiproNefteTrans Engineering Company, has successfully supported the completion and startup of Tengizchevroil’s (“TCO”) Future Growth Project (FGP).This revolutionary project at the Tengiz oil field in Kazakhstan has been supported by the Fluor-led joint venture since 2011, encompassing a series of engineering, procurement, construction, operations and maintenance services.FLR stock climbed 3% during Tues ...

Core Insights - Fluor Corporation (FLR) shares fell 8.4% following the release of disappointing fourth-quarter 2024 earnings, which missed expectations and declined from the previous year [1][2] Financial Performance - Adjusted earnings per share (EPS) for Q4 were 48 cents, missing the Zacks Consensus Estimate of 78 cents by 38.5%, and down 29.4% from 68 cents a year ago [4] - Quarterly revenues were $4.26 billion, missing the consensus mark of $4.72 billion by 9.8%, but increased 11.5% from $3.82 billion in the same quarter last year [4] - The company's segment profit rose to $206 million from $85 million a year ago, with a segment margin of 4.8%, up from 2.2% [5] Segment Performance - Energy Solutions segment revenues increased 6.9% year over year to $1.52 billion, with a margin of 4.1%, up from 1.8% [6] - Urban Solutions segment revenues totaled $2 billion, up 40.8% year over year, but the margin decreased to 4.1% from 10.4% [7] - Mission Solutions segment revenues were $654 million, up 1.2% from $646 million, with a margin improvement to 6.9% from 4.8% [8] - The Other segment generated revenues of $87 million, down from $332 million a year ago, but turned a profit of $17 million compared to a loss of $119 million [9] Annual Overview - For the full year 2024, Fluor reported revenues of $16.32 billion, a 5.4% increase from $15.47 billion in 2023, while adjusted EPS decreased to $2.32 from $2.73 [10] - Adjusted EBITDA for the year was down 13.5% to $530 million from $613 million [10] Guidance for 2025 - Fluor expects adjusted EPS for 2025 to be in the range of $2.25-$2.75, with full-year revenues projected to grow approximately 15% year over year [12] - Adjusted EBITDA is anticipated to be between $575 million and $675 million, with G&A expenses expected to be about $180 million [12] - Segment margin percentages for 2025 are projected to be 3.5-4.5% for Energy Solutions, 4-5% for Urban Solutions, and 5-6% for Mission Solutions [12]

Fluor (FLR -8.41%) published its final earnings report for 2024 on Tuesday, and investors reacted by trading the company's stock down aggressively. This resulted in a nearly 9% share-price erosion on the day, a performance that was notably worse than the 0.2% gain of the bellwether S&P 500 index.Headline numbers going in different directionsFluor's fourth quarter of that year saw the engineering and construction conglomerate earn $4.26 billion, 11% higher than in the same period of 2023. Going in the other ...