Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Is Fluor (FLR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question. Our latest available data shows that FLR has returned about 21.7% since the start of the calendar year. Meanwhile, the Construction sector has returned an average of 17.1% on a year-to-date basis. As we ca ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2. On the other hand, if they miss, the stock may move lower. This engineering, construction and operations company is expected to post quarterly earnings of $0.68 per share in its upcoming report, which represents a year-over-year change of -10.5%. The consensus EPS estimate for the quarter has been revised 5.68% higher over the last 30 days to the current level. Thi ...

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 ...

Core Insights - Fluor has been awarded a significant management and operations contract for the Pantex Plant, enhancing its role in the U.S. Nuclear Security Enterprise and affirming its commitment to national security [6][9] - The contract has an initial term of five years with the potential for three additional five-year options, potentially reaching a total funding level of approximately $30 billion if all options are exercised [7] - Fluor's participation in this contract is expected to bolster its portfolio, enhance its reputation in the defense sector, and provide substantial long-term revenues [2] Financial Performance - In Q1 2024, Fluor secured consolidated new awards amounting to $7 billion, achieving a book-to-burn ratio of 1.9x, aligning with its full-year plan to exceed a ratio of 1x [3] - The total backlog for Fluor stands at $32.7 billion, with 80% being reimbursable, reflecting a year-over-year growth of 27.7% [11] Strategic Positioning - Fluor's involvement at the Pantex Plant supports critical activities such as life extension programs for nuclear weapons, ensuring the reliability and safety of the U.S. nuclear arsenal [8] - The company is actively monitoring a robust prospect pipeline, with potential projects exceeding its existing backlog, particularly in the chemicals sector, energy transition, fuel production, mining, metals, and big data [10]

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 ...