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]

Core Insights - Companies generally experience long-term support from optimistic shareholders rather than facing immediate pressure for short-term performance [1] Group 1 - Companies are often given a "long leash" by shareholders who are hopeful about future growth [1]

Core Insights - RPM International reported $2.08 billion in revenue for the quarter ended May 2025, marking a year-over-year increase of 3.7% and exceeding the Zacks Consensus Estimate by 3.21% [1] - The company's EPS for the same period was $1.72, up from $1.56 a year ago, representing a surprise of 7.5% over the consensus estimate of $1.60 [1] Revenue Performance - Net Sales for the Construction Products Group (CPG) reached $809.91 million, surpassing the five-analyst average estimate of $765.19 million, with a year-over-year change of 6.3% [4] - Net Sales for the Specialty Products Group (SPG) were $181.32 million, exceeding the average estimate of $174.42 million, reflecting a year-over-year increase of 1.9% [4] - Net Sales for the Consumer Segment totaled $691.54 million, slightly below the estimated $693.37 million, showing a decline of 1.6% year-over-year [4] - Net Sales for the Performance Coatings Group (PCG) amounted to $399.21 million, exceeding the average estimate of $383.18 million, with a year-over-year increase of 9.2% [4] Adjusted EBIT Performance - Adjusted EBIT for the Consumer Segment was $122.47 million, above the average estimate of $115.06 million [4] - Adjusted EBIT for the Specialty Products Group (SPG) was $11.38 million, slightly below the average estimate of $11.81 million [4] - Adjusted EBIT for the Performance Coatings Group (PCG) was $57.77 million, in line with the average estimate of $57.67 million [4] - Adjusted EBIT for the Construction Products Group (CPG) reached $158.11 million, exceeding the average estimate of $143.07 million [4] - Adjusted EBIT for Corporate/Other was -$35.35 million, slightly better than the average estimate of -$35.57 million [4] Stock Performance - RPM International's shares have returned +3.6% over the past month, compared to the Zacks S&P 500 composite's +5.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]