I last wrote about Fluor Corporation (NYSE: FLR ) in June 2024, and in that article I suggested it was a Strong Sell when it was trading for about $43.79. My concerns included the potential downsideLong-time stock market investor focused on strategic buying opportunities with dividend and value stocks. This investment strategy has resulted in a near 5 star rating on Tipranks.com and over 9,000 followers on Seeking Alpha. Follow me on Twitter for my latest trading ideas: @Hawkinvest1Analyst’s Disclosure:I/we ...

Key Takeaways Fluor was selected by DTRA for the $3.5B CTRIC IV contract to counter global WMD threats.FLR will manage complex projects worldwide with rapid-response support for federal clients.New awards lifted backlog to $28B in H1 2025, with 80% reimbursable for revenue stability and growth.Fluor Corporation (FLR) has strengthened its U.S. footprint after being awarded a place on the Cooperative Threat Reduction Integrating Contract (CTRIC) IV by the Defense Threat Reduction Agency (DTRA).As part of this ...

Core Viewpoint - Fluor's stock experienced a significant decline of over 25% following disappointing Q2 earnings and a lowered annual guidance, raising concerns about its recovery potential Group 1: Q2 Earnings Performance - Fluor reported Q2 revenue of $3.98 billion, missing analyst expectations of $4.7 billion by 15% and reflecting a year-over-year decline of 5.9% [1] - Adjusted per-share earnings were $0.43, which was a 23% miss and down 49% compared to the same quarter last year [1] - The value of newly awarded contracts in Q2 was only $1.8 billion, a decrease of 43% [2] Group 2: Project Backlog and Future Outlook - Fluor's project backlog decreased by 13% over the past year, from $32.3 billion to $28.2 billion [2] - The company reduced its annual guidance for EBITDA from $575 million to $675 million down to $475 million to $525 million, and EPS from $2.25 to $2.75 down to $1.95 to $2.15 [5] - Despite current challenges, Fluor's long-term prospects remain positive due to an 80% reimbursable project backlog of $28.2 billion [6] Group 3: NuScale Power Investment - A notable highlight in Fluor's Q2 report was its investment in NuScale Power, which saw a share price increase of over 150% year to date, resulting in $3.2 billion in pre-tax mark-to-market gains [3]

Core Viewpoint - Fluor Corporation is under investigation for potential securities fraud and unlawful business practices following disappointing Q2 2025 financial results and a lowered full-year guidance [1][2]. Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results, citing increased costs in infrastructure projects due to subcontractor design errors, price increases, and scheduling delays [2]. - The company also indicated that customers are reducing capital spending, contributing to its lackluster performance [2]. Stock Market Reaction - Following the announcement of its financial results and guidance revision, Fluor's stock price dropped by $15.35 per share, or 27.03%, closing at $41.42 per share on August 5, 2025 [3].

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]. - Fluor's stock price fell by $15.35 per share, or 27.03%, closing at $41.42 per share on August 5, 2025, following the announcement of its financial results [3]. Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Fluor investors regarding possible securities fraud or other unlawful business practices by the company and its officers/directors [1].

Core Insights - Fluor's second-quarter results significantly underperformed Wall Street expectations, reporting adjusted earnings per share of $0.43 on revenue of $3.98 billion, compared to the consensus estimate of $0.56 per share on approximately $4.7 billion in sales [2] - The company's stock experienced a notable sell-off, declining about 23.5% throughout August due to the disappointing earnings report [3] - Despite the poor quarterly performance, Fluor secured $1.8 billion in new bookings during the second quarter, with 72% of these bookings being reimbursable, indicating potential for future revenue growth [4] Financial Performance - Fluor's revenue fell 6% year over year in the second quarter, contributing to the disappointing financial results [2] - The total bookings backlog decreased slightly to $28.2 billion from $28.7 billion in the previous quarter, with 80% of the backlog being reimbursable [5] Market Position and Outlook - The company has a market capitalization of approximately $7 billion, suggesting it may be attractively valued despite macroeconomic uncertainties impacting performance [6] - Fluor's majority ownership in NuScale Power positions it favorably within the growing nuclear power sector, particularly as it relates to powering AI data centers, which could enhance its sales outlook [6]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fluor Corporation for possible violations of federal securities laws and unlawful business practices following disappointing quarterly earnings and a significant stock price drop [1][3]. Financial Performance - On August 1, 2025, Fluor reported quarterly earnings of 43 cents per share on revenue of $3.98 billion, missing analysts' expectations of 55 cents per share on $4.51 billion revenue [3]. - The company revised its full-year earnings guidance down to $1.95 - $2.15 per share from a previous range of $2.25 to $2.75 per share [3]. Stock Market Reaction - Following the earnings report, Fluor's stock price fell by $16.40, opening at $40.37 per share [4].

Core Viewpoint - Fluor Corporation is under investigation for potential violations of federal securities laws, following the revelation of undisclosed issues in its infrastructure projects that led to significant financial impacts [1][3]. Company Overview - Fluor Corporation is a global professional services firm providing engineering, procurement, construction, fabrication, modularization, and project management services, with 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]. - 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].

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 stock price declines [1][4]. Company Overview - Fluor Corporation is a global professional services firm that provides engineering, procurement and construction, fabrication and modularization, and project management services, operating through three main segments: Urban Solutions, Energy Solutions, and Mission Solutions [2]. Financial Performance and Issues - During the relevant period, Fluor claimed strong productivity in its infrastructure portfolio; however, several projects faced undisclosed design errors, delays, and price escalations that adversely affected the company's business [3]. - On August 1, 2025, Fluor reported disappointing fiscal Q2 2025 results, disclosing a $54 million net impact from cost growth and expected recoveries on three infrastructure projects due to subcontractor design errors, which led to a more than 30% drop in stock price on the same day [4].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fluor Corporation due to reported losses and possible violations of federal securities laws [1][3]. Financial Performance - On August 1, 2025, Fluor reported quarterly earnings of 43 cents per share on revenue of $3.98 billion, missing street estimates of 55 cents per share on $4.51 billion revenue [3]. - The company has revised its full-year earnings guidance down to $1.95 - $2.15 per share, from a previous range of $2.25 to $2.75 per share [3]. Stock Market Reaction - Following the earnings report, Fluor's stock price dropped by $16.40, opening at $40.37 per share [4].