Core Viewpoint - Fluor Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from February 18, 2025, to July 31, 2025, which is in violation of federal securities laws [3]. Group 1: Lawsuit Details - Investors have until November 14, 2025, to file lead plaintiff applications in the lawsuit against Fluor Corporation [1]. - The lawsuit is pending in the United States District Court for the Northern District of Texas [1]. - The case is titled Maglione v. Fluor Corporation, et al., No. 25-cv-02496 [5]. Group 2: Financial Performance - On August 1, 2025, Fluor announced its Q2 2025 financial results, reporting a non-GAAP EPS of $0.43, which missed consensus estimates by $0.13 [4]. - The company's revenue for Q2 2025 was $3.98 billion, reflecting a 5.9% year-over-year decline and missing consensus estimates by $570 million [4]. - The financial outlook for FY 2025 was negatively revised, with adjusted EBITDA guidance lowered to $475 million to $525 million from a prior range of $575 million to $675 million [4]. - Adjusted EPS guidance was also reduced to $1.95 to $2.15 per share, down from a previous range of $2.25 to $2.75 per share [4]. Group 3: Market Reaction - Following the announcement of the financial results, Fluor's share price fell by $15.35, or 27.04%, closing at $41.42 per share on August 1, 2025 [5].

Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation for allegedly misleading investors regarding its business prospects and financial guidance during a specific period in 2025 [1][2]. Group 1: Allegations and Financial Impact - The lawsuit claims that Fluor failed to disclose rising costs associated with major projects due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, significantly impacted Fluor's business and financial results [2]. - Following the release of disappointing financial results for Q2 2025, Fluor revised its financial outlook for FY 2025, projecting adjusted EBITDA of $475 million to $525 million, down from $575 million to $675 million, and adjusted EPS of $1.95 to $2.15, down from $2.25 to $2.75 [3]. Group 2: Stock Price Reaction - After the negative financial disclosures, Fluor's stock price dropped by $15.35 per share, or 27.04%, closing at $41.42 per share on August 1, 2025 [3]. Group 3: Class Action Participation - Shareholders who wish to participate in the class action must submit their papers by November 14, 2025, to serve as lead plaintiff [4]. - Participation in the case is not required to be eligible for recovery, allowing shareholders to remain absent class members if they choose [4]. Group 4: Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5]. - The firm has a history of advocating for shareholder rights and holding company executives accountable since 2002 [5].

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Maglione v. Fluor Corporation, and it includes purchasers of Fluor securities from February 18, 2025, to July 31, 2025, with a deadline of November 14, 2025, for seeking lead plaintiff status [1][5]. - The lawsuit alleges that Fluor's costs for major infrastructure projects, including the Gordie Howe International Bridge and Texas highways, were increasing due to subcontractor errors, price hikes, and scheduling delays [2][3]. Group 2: Financial Performance and Impact - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which was a 5.9% year-over-year decline and fell short of estimates by $570 million [4]. - The disappointing financial results were attributed to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [4][3]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [4].

Core Viewpoint - Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of Fluor Corporation securities between February 18, 2025, and July 31, 2025, due to alleged misleading statements and undisclosed costs impacting the company's financial results [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Fluor Corporation made false and misleading statements regarding the costs associated with several major projects, including the Gordie Howe International Bridge and various Texas highways, which were affected by subcontractor design errors, price increases, and scheduling delays [5]. - The lawsuit alleges that these issues, along with reduced customer capital spending and economic uncertainty, significantly impacted Fluor's business and financial results, rendering the company's financial guidance for 2025 unreliable [5]. - It is claimed that the defendants' public statements were materially false and misleading throughout the class period, leading to investor damages when the true details became public [5]. Group 2: Participation Information - Investors who purchased Fluor securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6].

Group 1 - A shareholder has filed a class action lawsuit on behalf of purchasers of Fluor Corporation securities between February 18, 2025, and July 31, 2025 [1] - Fluor Corporation is described as a company that provides engineering, procurement, and construction (EPC), fabrication and modularization, and project management services worldwide [1]

ATLANTA, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC has filed a shareholder class action lawsuit against Fluor Corporation (“Fluor” or the “Company”) (NYSE: FLR). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding Fluor’s business, operations, and prospects, including allegations that: (i) costs associated with the Gordie Howe, I-635/LBJ, and I-35 projects were growing because of, inter alia, su ...

Core Viewpoint - A securities class action lawsuit has been filed against Fluor Corporation for allegedly making false and misleading statements regarding its financial performance and project costs during a specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit was filed in the United States District Court for the Northern District of Texas on behalf of individuals or entities that acquired Fluor securities between February 18, 2025, and July 31, 2025 [1]. - The complaint alleges that Fluor's management failed to disclose increasing costs related to specific projects, including the Gordie Howe, I-635/LBJ, and I-35, due to subcontractor design errors, price increases, and scheduling delays [2]. Group 2: Financial Implications - The complaint claims that the rising costs and reduced capital spending from customers, along with client hesitation due to economic uncertainty, were likely to have a significant negative impact on Fluor's business and financial results [2]. - It is asserted that Fluor's financial guidance for FY 2025 was unreliable and that the effectiveness of its risk mitigation strategy was overstated, while the impact of economic uncertainty was understated [2]. Group 3: Investor Actions - Investors who purchased Fluor shares are encouraged to contact the law firm before the lead plaintiff motion deadline on November 14, 2025, to discuss their rights or interests regarding the class action [3].

Core Insights - Companies in the construction sector, such as Tutor Perini Corporation (TPC) and Fluor Corporation (FLR), are benefiting from increased public infrastructure investment trends in various regions including the U.S., Canada, the Middle East, and Europe [1][2] Group 1: Tutor Perini Corporation (TPC) - TPC is focusing on higher-margin project opportunities in its Civil and Building segments to enhance long-term revenue visibility and profitability [2][6] - The company reported significant new awards in Q2 2025, including the Midtown Bus Terminal Replacement Phase 1 project valued at $1.87 billion, contributing to a total backlog of $21.1 billion, which grew by 102% year-over-year [5][9] - TPC raised its 2025 GAAP EPS outlook to a range of $1.70-$2.00 and adjusted EPS to $3.65-$3.95, reflecting strong operational performance and contributions from higher-margin projects [7][22] - The Zacks Consensus Estimate for TPC's 2025 EPS indicates a 220.8% year-over-year growth, with estimates trending upward [17][18] Group 2: Fluor Corporation (FLR) - FLR, with a market cap of approximately $6.63 billion, is focusing on key markets within its Energy Solutions, Urban Solutions, and Mission Solutions segments while maintaining strong client relationships [8][10] - The company's backlog decreased by 13% year-over-year to $28.21 billion, impacted by project delays and rising costs [12][20] - FLR's 2025 EPS estimates imply a year-over-year decline of 12.5%, with estimates trending downward over the past 60 days [18][19] - The "Building a Better Future" strategy aims for long-term diversification and disciplined growth, but near-term challenges hinder its attractiveness [22] Group 3: Comparative Analysis - TPC's focus on higher-margin projects and strategic bidding is translating into strong earnings momentum, positioning it as a value-driven growth stock [20][22] - In contrast, FLR is facing execution risks, project delays, and a declining backlog, making it less attractive as an investment opportunity [20][22] - Overall, TPC is rated as a better investment opportunity with a Zacks Rank 1 (Strong Buy), while FLR carries a Zacks Rank 5 (Strong Sell) [22]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud and unlawful business practices involving Fluor Corporation and its executives following disappointing financial results and a significant stock price drop [1][3]. Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results and lowered its full-year guidance, attributing the poor performance to rising costs in infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [3]. - Customers are reportedly reducing capital spending, further impacting Fluor's financial outlook [3]. - Following the announcement, Fluor's stock price decreased by $15.35 per share, or 27.03%, closing at $41.42 per share on August 5, 2025 [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Fluor investors regarding possible securities fraud or other unlawful practices by the company and its officers/directors [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the class action [2]. Firm Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering significant damages for victims of securities fraud and corporate misconduct [4].

Group 1 - Fluor is a diversified construction and engineering company with a market value of $6.7 billion and approximately 27,000 employees [2] - The company's stock has declined by around 17.5% year to date, making it more attractively valued for long-term investors [1][5] - Recent second-quarter results showed a 6% year-over-year revenue decline and a 49% drop in earnings, attributed to tariffs and cost overruns on fixed-price contracts [3] Group 2 - Fluor holds a majority stake in the nuclear start-up NuScale Power, positioning the company well as nuclear power is increasingly utilized for AI data centers [4] - The company has a substantial backlog of orders valued at $28.2 billion, indicating strong future potential [4] - The forward-looking price-to-earnings (P/E) ratio is 16.5, below its five-year average of 17.4, suggesting the stock is attractively valued [5]