Fluor(US:FLR) Globenewswireยท2025-09-18 02:27Core Viewpoint - Fluor Corporation is facing a securities class action lawsuit for failing to disclose material information during the class period from February 18, 2025, to July 31, 2025, which is in violation of federal securities laws [3]. Financial Performance - On August 1, 2025, Fluor announced its Q2 2025 financial results, reporting a non-GAAP EPS of $0.43, which missed consensus estimates by $0.13. Revenue was $3.98 billion, reflecting a 5.9% year-over-year decline and missing estimates by $570 million due to increased costs from subcontractor design errors, price hikes, scheduling delays, and reduced capital spending by customers [4]. - The company revised its financial outlook for FY 2025, guiding adjusted EBITDA to be between $475 million and $525 million, down from previous guidance of $575 million to $675 million. Adjusted EPS guidance was also lowered to $1.95 to $2.15 per share, down from $2.25 to $2.75 per share [4]. Market Reaction - Following the announcement of disappointing financial results, Fluor's share price dropped by $15.35, or 27.04%, closing at $41.42 per share on August 1, 2025 [5].