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FLR DEADLINE NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important November 14 Deadline in Securities Class Action – FLR
Globenewswire· 2025-11-11 21:00
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Fluor Corporation securities between February 18, 2025, and July 31, 2025, of the upcoming lead plaintiff deadline on November 14, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Fluor securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 14, 2025 [2] - The lawsuit alleges that Fluor made false and misleading statements regarding project costs and financial guidance, which negatively impacted its business and financial results [4] Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3] - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company, and has recovered hundreds of millions of dollars for investors [3] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a leading figure in the plaintiffs' bar [3]
Deadline Soon: Fluor Corporation (FLR) Shareholders Who Lost Money Urged to Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2025-11-11 17:00
Core Viewpoint - Fluor Corporation is facing a securities fraud class action lawsuit due to significant financial losses reported in Q2 2025, which were attributed to rising costs and reduced capital spending by clients [2][3]. Financial Performance - On August 1, 2025, Fluor reported Q2 2025 financial results that missed consensus estimates, leading to a stock price drop of $15.35, or 27%, closing at $41.42 per share [2]. - The company lowered its full-year 2025 outlook, citing client hesitation due to economic uncertainty, which impacted new awards and project delays [2]. Lawsuit Details - The class action lawsuit alleges that Fluor made materially false and misleading statements regarding its business operations and financial outlook during the class period from February 18, 2025, to July 31, 2025 [3]. - Specific allegations include undisclosed rising costs in major projects due to subcontractor errors and economic factors affecting client spending [3]. Investor Information - Investors who acquired Fluor securities during the class period are urged to participate in the lawsuit, with a deadline set for November 14, 2025, to seek lead plaintiff status [4].
Investors who lost money on Fluor Corporation(FLR) should contact Levi & Korsinsky about pending Class Action - FLR
Prnewswire· 2025-11-11 13:45
Core Viewpoint - Fluor Corporation is facing a class action securities lawsuit due to alleged securities fraud that occurred between February 18, 2025, and July 31, 2025, impacting investors adversely [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Fluor Corporation made false statements regarding the rising costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, which were attributed to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with a reduction in customer capital spending and client hesitation due to economic uncertainty, were likely to have a significant negative impact on the Company's business and financial results [2]. - The financial guidance provided by Fluor for FY 2025 is claimed to be unreliable and unrealistic, with an overstated effectiveness of the Company's risk mitigation strategy and an understated impact of economic uncertainty on its business [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until November 14, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Participation in the class action does not require investors to incur any out-of-pocket costs or fees, allowing them to potentially receive compensation without financial obligation [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [4].
Fluor (NYSE:FLR) Earnings Call Presentation
2025-11-11 07:00
Company Overview - Fluor Corporation reported a revenue of $163 billion for 2024[8] - The company's backlog is geographically split with 59% in the U S and 41% outside the U S [6] - The contract types are primarily reimbursable at 82% with fixed contracts making up the remaining 19%[6] Segment Performance - Urban Solutions reported Q3 2025 new awards of $18 billion and a backlog of $205 billion[29] - Energy Solutions experienced a segment loss of $533 million in Q3 2025 which includes a $653 million court ruling related to the Santos project[42] - Mission Solutions reported Q3 2025 new awards of $13 billion and a backlog of $26 billion[50] Financial Highlights - The company reported a consolidated segment loss of $439 million and adjusted EBITDA of $161 million for Q3 2025[54] - The diluted adjusted EPS was $068 for Q3 2025[54] - New awards totaled $33 billion in Q3 2025[54]
FLR DEADLINE NOTICE: ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important November 14 Deadline in Securities Class Action - FLR
Newsfile· 2025-11-11 02:07
Core Viewpoint - Rosen Law Firm is encouraging investors of Fluor Corporation to secure legal counsel before the November 14, 2025 deadline for a securities class action lawsuit related to misleading statements made by the company during the class period from February 18, 2025, to July 31, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Fluor securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 14, 2025 [3]. - The lawsuit alleges that Fluor made false and misleading statements regarding project costs and financial guidance, which negatively impacted the company's business and financial results [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [4]. - The firm has achieved significant settlements, including over $438 million in 2019, and has been recognized as a leader in the field of securities class action litigation [4].
DEADLINE APPROACHING: Berger Montague Advises Fluor Corporation (NYSE: FLR) Investors to Inquire About a Securities Fraud Class Action by November 14, 2025
Prnewswire· 2025-11-10 19:36
Core Viewpoint - A class action lawsuit has been filed against Fluor Corporation (FLR) by Berger Montague on behalf of investors who acquired shares between February 18, 2025, and July 31, 2025, alleging that the company misled investors regarding its financial guidance and undisclosed risks associated with major infrastructure projects [1][3]. Company Overview - Fluor Corporation, headquartered in Irving, Texas, provides engineering, procurement, construction, and project management services globally, with its Urban Solutions segment being the largest revenue contributor [2]. Lawsuit Details - The lawsuit claims that FLR and certain executives failed to disclose rising costs related to significant projects, including the Gordie Howe, I-635/LBJ, and I-35 projects, which were impacted by subcontractor design errors, material price increases, and scheduling delays [3]. - Additionally, the company is accused of underreporting the adverse effects of decreased client capital spending and broader economic uncertainties [3]. Financial Performance - In February 2025, FLR projected a full-year 2025 adjusted EPS of $2.25 to $2.75 and EBITDA of $575 million to $675 million, which was reaffirmed in May 2025 [4]. - On August 1, 2025, FLR reported disappointing second-quarter results, with a non-GAAP EPS of $0.43, missing consensus estimates by 23%, and revenue of $3.98 billion, which was $570 million below expectations and a 5.9% decline year-over-year [5]. - Following the release of these results, FLR significantly lowered its FY 2025 outlook, attributing the downturn to project delays and reduced client awards, leading to a stock price drop of $15.35, or 27.04%, closing at $41.42 [5].
Fluor Q3 Earnings Surpass Estimates, Revenues Miss, Stock Up
ZACKS· 2025-11-10 19:22
Core Insights - Fluor Corporation (FLR) reported mixed third-quarter 2025 results, with adjusted earnings exceeding estimates while revenues fell short [1][5][10] - Year-over-year, the bottom line improved, but the top line experienced a decline [1] Financial Performance - Adjusted earnings per share (EPS) reached 68 cents, surpassing the Zacks Consensus Estimate of 44 cents by 54.6%, compared to 51 cents in the same quarter last year [5][10] - Quarterly revenues totaled $3.4 billion, missing the consensus mark of $4.12 billion by 18.2%, and declined 18% from $4.1 billion in the prior year [5][10] - The company incurred a segment loss of $439 million, primarily due to a $653 million charge related to the Santos ruling, resulting in a negative segment margin of 13% [6][10] Segment Performance - Energy Solutions segment revenues plummeted 81.6% year over year to $262 million, with new awards dropping to $222 million from $1.5 billion [8] - Urban Solutions segment revenues increased by 21.3% to $2.34 billion, driven by life sciences and mining projects, with new awards rising to $1.8 billion [9] - Mission Solutions segment revenues rose 19.8% to $761 million, with new awards significantly increasing to $1.3 billion [11] Backlog and Awards - Total new awards for the quarter were $3.3 billion, up from $2.7 billion a year ago, while the consolidated backlog decreased to $28.2 billion from $31.3 billion [7] - The Urban Solutions segment's backlog increased by 8% to $20.5 billion, while the Energy Solutions segment's backlog fell to $5.1 billion [8][9] Future Outlook - Fluor raised its 2025 adjusted EPS guidance to a range of $2.10-$2.25, up from the previous range of $1.95-$2.15, and adjusted EBITDA expectations to $510 million-$540 million [14] - The company anticipates a decision on a strategically important AUKUS-related award and remains well-positioned in nuclear enrichment projects [3]
Class Action Lawsuit Alert: Levi & Korsinsky Reminds Fluor Corporation (FLR) Investors of November 14, 2025 Deadline
Newsfile· 2025-11-10 13:46
Core Viewpoint - A class action securities lawsuit has been filed against Fluor Corporation, alleging securities fraud that negatively impacted shareholders between February 18, 2025, and July 31, 2025 [2]. Group 1: Lawsuit Details - The lawsuit claims that Fluor Corporation made false statements and concealed significant issues related to costs associated with infrastructure projects, including subcontractor design errors, price increases, and scheduling delays [3]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, had a substantial negative impact on the company's business and financial results [3]. - The complaint further asserts that Fluor's financial guidance for FY 2025 was unreliable, the effectiveness of its risk mitigation strategy was overstated, and the impact of economic uncertainty was understated [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to seek information about their rights to recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP, a recognized securities litigation firm, has a strong track record in securing recoveries for shareholders and has been ranked among the top securities litigation firms in the United States for seven consecutive years [5].
Fluor Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-11-10 13:45
Core Viewpoint - Fluor Corporation (NYSE: FLR) is facing allegations of issuing materially false and misleading statements regarding its financial performance and project costs during the class period from February 18, 2025, to July 31, 2025 [1]. Summary by Sections Allegations - The complaint claims that Fluor's costs for infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, were increasing due to subcontractor design errors, price hikes, and scheduling delays [1]. - It is alleged that these issues, along with reduced capital spending from customers and hesitance due to economic uncertainty, were significantly impacting Fluor's business and financial results [1]. - The financial guidance provided by Fluor for FY 2025 is described as unreliable and unrealistic, with an overstated effectiveness of the company's risk mitigation strategy and an understated impact of economic uncertainty [1]. Class Action Details - Shareholders who purchased FLR shares during the specified class period are encouraged to register for potential lead plaintiff appointment, with a deadline set for November 14, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
FLR Deadline: FLR Investors Have Opportunity to Lead Fluor Corporation Securities Fraud Lawsuit
Prnewswire· 2025-11-10 00:14
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit for purchasers of Fluor Corporation securities during the specified Class Period, highlighting the importance of the lead plaintiff deadline on November 14, 2025 [1]. Group 1: Class Action Details - Investors who purchased Fluor securities between February 18, 2025, and July 31, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline to represent other class members [3][6]. - Investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, noting its history of successful settlements and recognition in the field [4]. - The firm has achieved significant recoveries for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Specifics - The lawsuit alleges that Fluor Corporation made false and misleading statements regarding project costs and financial guidance, which were impacted by subcontractor errors, price increases, and economic uncertainty [5]. - It is claimed that these misstatements led to a significant negative impact on Fluor's business and financial results, resulting in damages for investors when the truth was revealed [5].