FLR INVESTOR ALERT: Fluor Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Core Viewpoint - Fluor Corporation is facing a class action lawsuit due to alleged violations of the Securities Exchange Act of 1934, with claims that the company and its executives made misleading statements regarding project costs and financial guidance during a specified class period [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Maglione v. Fluor Corporation, and it includes purchasers of Fluor securities from February 18, 2025, to July 31, 2025, with a deadline of November 14, 2025, for seeking lead plaintiff status [1][5]. - The lawsuit alleges that Fluor's costs for major infrastructure projects, including the Gordie Howe International Bridge and Texas highways, were increasing due to subcontractor errors, price hikes, and scheduling delays [2][3]. Group 2: Financial Performance and Impact - On August 1, 2025, Fluor reported second quarter 2025 non-GAAP earnings per share of $0.43, missing consensus estimates by $0.13, and revenue of $3.98 billion, which was a 5.9% year-over-year decline and fell short of estimates by $570 million [4]. - The disappointing financial results were attributed to rising costs in infrastructure projects and reduced capital spending by customers, leading to a negatively revised financial outlook for fiscal year 2025 [4][3]. - Following the announcement of these results, Fluor's stock price dropped by over 27% [4].