Workflow
Here's Why Investors Should Stay Away From Fluor Stock Now
FLRFluor(FLR) ZACKS·2024-11-29 16:36

Fluor Corporation (FLR) has been facing mounting challenges that raise concerns about its near-term performance and strategic direction. Recently, the company noticed tepidness in its Energy Solutions business, which compelled it to reduce earnings and EBITDA guidance for the year.Despite efforts to streamline its operations and diversify its portfolio, the company’s persistent execution issues, foreign currency risks, and project delays diminish its attractiveness.Although FLR’s shares have outperformed th ...