Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times. There are several stocks that currently pass through the screen and Fluor (FLR) is one of them. Here are the key reasons why th ...

Richard Meserole, president of Fluor's Advanced Technologies & Life Sciences business, expressed enthusiasm about the partnership, highlighting its potential to accelerate the global transition from fossil fuels to renewable energy within the transportation sector. Share Price Performance Shares of this current Zacks Rank #3 (Hold) company have gained 9.9% year to date (YTD) compared with the Zacks Engineering - R and D Services industry's 2.8% growth. Although its shares have underperformed its industry th ...

This strategic win underscores Fluor's longstanding commitment to national security, dating back to 1944. As a key partner in this venture, Fluor is set to play a pivotal role in maintaining and enhancing the safety, security, and effectiveness of the nation's nuclear weapons stockpile. In conclusion, Fluor's participation in this extensive and long-term contract is poised to significantly bolster its portfolio, enhance its reputation in the defense sector, and provide substantial long-term revenues. This p ...

Fluor Corporation (NYSE:FLR) Q1 2024 Results Conference Call May 3, 2024 8:30 AM ET Company Participants Jason Landkamer - Head of Investor Relations David Constable - Chairman and Chief Executive Officer Joe Brennan - Chief Financial Officer Conference Call Participants Jamie Cook - Truist Securities Steven Fisher - UBS Andy Wittmann - Baird Michael Dudas - Vertical Research Alex Dwyer - KeyBanc Natalia Bak - Citibank Michael Feniger - Bank of America Operator Good morning, and welcome to Fluor’s First Qua ...

Fluor Corporation Brett Turner Exhibit 99.1 6700 Las Colinas Blvd Media Relations Irving, Texas 75039 864.281.6976 tel 469.398.7000 main tel Jason Landkamer Investor Relations 469.398.7222 tel News Release FLUOR REPORTS FIRST QUARTER 2024 RESULTS IRVING, Texas (May 3, 2024) - Fluor Corporation (NYSE: FLR) announced financial results for its first quarter ended March 31, 2024. Revenue for the quarter was $3.7 billion and net income attributable to Fluor was $59 million, or $0.34 per diluted share. Consolidat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-16129 FLUOR CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Emp ...

Investors are always looking for stocks that are poised to beat at earnings season and Fluor Corporation (FLR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Fluor is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indica ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Fluor (FLR) , which belongs to the Zacks Engineering - R and D Services industry.This engineering, construction and operations company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 53.44%.For the most recent quarter, Fluor was ex ...

Fluor Corporation (FLR) clinched a significant win, securing a spot on the Global Contingency Services Multiple Award Contract III by the U.S. Naval Facilities Engineering Systems Command (NAVFAC) Pacific. This accolade positions Fluor among six elite firms eligible to compete for task orders with a combined value of up to $2 billion over a period of 102 months.The contract underscores Fluor’s capability to swiftly deliver critical facility support services in response to a spectrum of exigencies, including ...