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FLR DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Fluor Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - FLR
Newsfile· 2025-11-06 22:26
Core Viewpoint - Rosen Law Firm is encouraging investors of Fluor Corporation to secure legal counsel before the November 14, 2025 deadline for a securities class action lawsuit related to misleading statements made by the company during the class period from February 18, 2025, to July 31, 2025 [1][5]. Group 1: Class Action Details - Investors who purchased Fluor securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 14, 2025 [3]. - The lawsuit alleges that Fluor made false and misleading statements regarding project costs and financial guidance, which negatively impacted the company's business and financial results [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 for the number of settlements in 2017 and securing over $438 million for investors in 2019 [4].
3 Volatile Stocks We’re Skeptical Of
Yahoo Finance· 2025-11-06 18:33
Core Insights - The article discusses the challenges of investing in volatile stocks and highlights three specific companies to avoid, along with better alternatives for investors [1] Company Summaries Vicor (VICR) - Vicor is trading at $92.17 per share with a forward P/E ratio of 46.3x, indicating a high valuation [4] - The company has a rolling one-year beta of 2.15, suggesting significant volatility in its stock price [2] MasTec (MTZ) - MasTec's stock price is $197.41, reflecting a forward P/E ratio of 26x, which raises concerns about its valuation [7] - The company has a rolling one-year beta of 1.62, indicating moderate volatility [5] Pitney Bowes (PBI) - Pitney Bowes has a rolling one-year beta of 1.33, suggesting lower volatility compared to the other two companies [8] - The company has experienced a revenue decline of 10.5% annually over the last five years, raising concerns about its future growth potential [9] - The average backlog growth of 1.2% over the past two years indicates weak future revenue growth prospects [10] - Operating margins have decreased by 8.6 percentage points, and expenses have risen as a percentage of revenue over the last five years [10] - The gross margin stands at 12.9%, which is considered inferior, and the operating margin has declined to 3.1% [11] - Projected sales are expected to decline by 3.4% over the next 12 months, indicating ongoing demand deterioration [12]
LSI (LYTS) Beats Q1 Earnings and Revenue Estimates
ZACKS· 2025-11-06 14:35
Core Insights - LSI (LYTS) reported quarterly earnings of $0.23 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, and showing an increase from $0.22 per share a year ago, resulting in an earnings surprise of +4.55% [1] - The company achieved revenues of $157.25 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 5.42% and increasing from $138.1 million year-over-year [2] - LSI has outperformed the S&P 500 with an 18.4% gain since the beginning of the year compared to the S&P 500's 15.6% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes in these expectations [4] - The current consensus EPS estimate for the next quarter is $0.16 on revenues of $142.05 million, and for the current fiscal year, it is $0.93 on revenues of $594.54 million [7] Industry Context - The Building Products - Lighting industry, to which LSI belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
2025 III quarter and 9 months consolidated interim report (unaudited)
Globenewswire· 2025-11-06 06:00
Economic Overview - Estonia's economic growth forecast for 2025 has been revised down to an annual growth of 0.6%, reflecting a slowdown compared to earlier optimistic estimates [1] - The construction market in Estonia is stabilizing, but recovery remains slow and uneven [1] Financial Performance - The Group's revenue for the first nine months of 2025 was €147,666 thousand, a decrease of approximately 17.4% compared to €178,722 thousand in the same period of 2024 [21] - The Buildings segment accounted for 80% of total revenue, with a 21% decline in revenue compared to the same period in 2024, while the Infrastructure segment's revenue remained stable [21][22] - Gross profit for the first nine months of 2025 was €9,919 thousand, with a gross margin of 6.7%, down from 7.1% in 2024 [8][12] Profitability Metrics - Operating profit for the nine months of 2025 was €4,756 thousand, down from €6,972 thousand in the same period of 2024 [10] - Net profit for the period was €2,588 thousand, compared to €4,547 thousand in 2024, with net profit attributable to owners of the parent at €1,738 thousand [12][17] Cash Flow Analysis - Net cash from operating activities was €2,701 thousand, down from €3,726 thousand in the same period of 2024 [13] - Cash and cash equivalents at the end of the period were €8,083 thousand, a decrease from €11,476 thousand a year earlier [16] Order Book and Future Outlook - The Group's order book stood at €276,332 thousand as of September 30, 2025, an increase of approximately 41% compared to the previous year [30] - Major contracts secured include construction projects for a spa hotel, kindergarten, and sections of the Rail Baltica railway infrastructure [33] - Management expects business volumes in 2025 to decrease compared to 2024, focusing on managing fixed costs and increasing productivity [34] Employee Metrics - The average number of employees for the first nine months of 2025 was 425, a decrease of around 3% from the previous year [35] - Staff costs for the period amounted to €14,694 thousand, down from €16,178 thousand in 2024, reflecting a 9% decline [35]
Granite Selected for I-290 Drainage Improvements Under IDOT's First CM/GC Contract
Businesswire· 2025-11-04 21:30
Core Insights - Granite has been selected by the Illinois Department of Transportation for a Construction Manager/General Contractor contract for the I-290 Drainage Improvements Project in Chicago [1] - The project is federally funded and will be included in Granite's third quarter Capital Allocation Plan [1] - The scope of the project includes the installation of 3.3 miles of new trunk sewer with diameters reaching up to 90 inches and the construction of new detention systems [1]
Primoris Q3 Earnings & Revenues Beat Estimates, '25 View Up
ZACKS· 2025-11-04 19:11
Core Insights - Primoris Services Corporation (PRIM) reported strong third-quarter 2025 results, with adjusted earnings and revenues exceeding Zacks Consensus Estimates and showing year-over-year growth [1][5][11] Financial Performance - Adjusted earnings per share (EPS) reached $1.88, surpassing the consensus estimate of $1.32 by 42.4%, and increased from $1.22 in the same quarter last year [5][11] - Total revenues amounted to $2.18 billion, exceeding the consensus mark of $1.81 billion by 20.3% and reflecting a 32.1% increase from $1.65 billion year-over-year [5][11] - Adjusted EBITDA rose 32.1% year-over-year to $168.7 million, with adjusted net income increasing by $36.4 million to $103.1 million for the quarter [12] Segment Performance - Utilities Segment: Revenues increased by 10.7% year-over-year to $737.5 million, driven by activity in power delivery, gas operations, and communications markets [6] - Energy Segment: Revenues surged 47% year-over-year to $1.49 billion, fueled by growth in renewable energy and industrial activity, despite lower pipeline activity [8] Future Outlook - Primoris anticipates continued growth opportunities in solar energy and natural gas generation, aiming to strengthen its project backlog [3] - The company projects 2025 EPS in the range of $5.35 to $5.55, up from previous expectations of $4.90 to $5.10, with adjusted EBITDA expected between $510 million and $530 million [13][14] Backlog and Expenses - Total potential housing revenues from the backlog decreased by 6.8% year-over-year to $11.1 billion, primarily due to timing of fixed backlog awards in the Energy segment [10] - Selling, general and administrative (SG&A) expenses totaled $97.7 million, a 0.4% decrease from the prior-year quarter [10]
Sterling Infrastructure(STRL) - 2025 Q3 - Earnings Call Transcript
2025-11-04 15:00
Financial Data and Key Metrics Changes - Revenue grew by 32% year-over-year, driven by a 58% increase in the e-infrastructure solutions segment and a 10% increase in the transportation segment [5][6] - Adjusted earnings per share increased by 58% to $3.48, while adjusted EBITDA rose by 47% to $156 million [5][6] - Gross profit margins expanded by 280 basis points to 24.7% [5] - Operating cash flow for the quarter was strong at $84 million, with backlog totaling $2.6 billion, a 64% year-over-year increase [5][6] Business Line Data and Key Metrics Changes - E-infrastructure solutions revenue grew by 58% year-over-year, with a 42% organic growth rate [5][6] - Transportation solutions revenue increased by 10%, with adjusted operating profit growing by 40% [9] - Building solutions segment revenue declined by 1%, with adjusted operating income down by 10% due to challenges in the housing market [10][18] Market Data and Key Metrics Changes - E-infrastructure backlog reached $1.8 billion, up 97% year-over-year [6] - Transportation solutions backlog was $733 million, a 23% year-over-year increase [9] - The overall demand for homes has been impacted by affordability challenges, leading to a 17% decline in revenue from the legacy residential business [10][18] Company Strategy and Development Direction - The company is focused on expanding its service portfolio and leveraging the recent CEC acquisition to enhance growth opportunities [8][16] - The strategy emphasizes a commitment to infrastructure development while maintaining a focus on high-margin end markets [6][18] - The company anticipates continued growth in e-infrastructure, particularly in data centers and semiconductor fabrication facilities [14][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the multi-year opportunities across markets, particularly in e-infrastructure and transportation solutions [14][17] - The company expects e-infrastructure revenue growth of 30% or higher on an organic basis for 2025, with adjusted operating profit margins approximating 25% [16] - Transportation solutions are projected to grow in the low teens on an adjusted basis, with margins expected to improve significantly [17][18] Other Important Information - The company has a strong liquidity position with $306.4 million in cash and $294.6 million in debt, resulting in a net cash position of $11.8 million [12] - Full-year guidance for 2025 has been increased, projecting revenue between $2.375 billion and $2.39 billion, representing over 5% growth at the midpoint [12][19] Q&A Session Summary Question: Growth in CEC signed and unsigned work - Management noted strong bookings in the data center market and expressed excitement about the reception from customers regarding the CEC acquisition [23][24] Question: Margin expansion opportunities - Management highlighted that larger project sizes and improved productivity from recent acquisitions contribute to expected margin expansion [26][27] Question: Composition of the $4 billion forward pipeline - The majority of the forward pipeline is in e-infrastructure, particularly data centers, which are expected to drive significant growth [43] Question: Impact of government shutdown on transportation funding - Management confirmed no impact from the government shutdown, as funding for current jobs has already been allocated [60] Question: Data center growth breakdown - Growth is attributed to a combination of new projects and the successful conversion of future phases into backlog [64]
Mizuho Hikes Price Target on MasTec (MTZ) to $244, Maintains Outperform Rating Ahead of Q3 2025 Earnings
Yahoo Finance· 2025-11-01 02:27
Core Viewpoint - MasTec Inc. is highlighted as a strong investment opportunity for the next decade, with multiple analysts raising their price targets due to robust customer demand and bookings ahead of the Q3 2025 earnings report [1][3]. Price Target Adjustments - Mizuho analyst Maheep Mandloi increased the price target for MasTec to $244 from $215 while maintaining an Outperform rating [1]. - Barclays raised its price target on MasTec to $240 from $200, keeping an Overweight rating, citing improvements in machinery sector inventories, particularly in agriculture [2]. - KeyBanc also raised its price target to $236 from $205, supporting the view that MasTec is enhancing its growth through better execution and strong momentum in its Telecom and Pipeline Infrastructure segments [3]. Company Overview - MasTec Inc. is an infrastructure construction company that offers engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the US and Canada [4].
Fluor Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before November 14, 2025 to Discuss Your Rights – FLR
Globenewswire· 2025-10-30 20:07
NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Fluor Corporation (NYSE: FLR). Shareholders who purchased shares of FLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/fluor-corporation-loss-submission-form/?id=174500&from=3 CLASS PERIOD: February 18, ...
POSCO(PKX) - 2025 Q3 - Earnings Call Transcript
2025-10-27 08:02
Financial Data and Key Metrics Changes - POSCO Holdings recorded consolidated revenue of KRW 17.3 trillion and operating profit of KRW 640 billion, showing improvement in operating profit for three consecutive quarters despite losses at POSCO E&C [1][3] - The operating profit margin for the quarter was 6.6%, driven by increased sales volume and proactive cost-cutting efforts [1][8] - Operating profit increased from KRW 322 billion in Q4 of the previous year to KRW 585 billion in Q3 of this year, despite a 1.7% drop in revenue due to declining sales prices [7][8] Business Line Data and Key Metrics Changes - In the steel sector, production volume increased by 4.9%, but sales prices dropped by approximately KRW 25,000 per ton, leading to a decline in revenue [8] - In rechargeable battery materials, losses narrowed significantly quarter-over-quarter due to increased cathode sales volume and a rebound in lithium prices [2][10] - POSCO E&C faced a one-time cost of KRW 288.1 billion due to the Sinansan incident, with an additional KRW 230 billion expected in Q4 [10][11] Market Data and Key Metrics Changes - The domestic steel market is normalizing, but imports have flooded the market prior to the anti-dumping ruling, affecting sales prices [8][9] - Overseas steel profits are expected to decline moderately due to slow performance in Mexico and other rolling mills, while profits in India shrank due to major repairs [9] - The lithium market is anticipated to see a price increase, with expectations of reaching $10-$15 per ton next year [30][51] Company Strategy and Development Direction - POSCO Group is focused on creating a safe workplace through comprehensive safety management innovations and plans to establish a group-wide safety master plan [3][6] - The company aims to ramp up new plants and improve process efficiency in lithium operations while ensuring disciplined execution to avoid additional costs [2][29] - Future investments will prioritize growth markets in the U.S. and India, with a focus on environmental investments and potential M&A opportunities [28][29] Management Comments on Operating Environment and Future Outlook - Management acknowledged the complexities in the external environment and expressed optimism for a recovery in steel profits in 2026 compared to the current year [9][11] - The company plans to address uncertainties related to the EU's Carbon Border Adjustment Mechanism (CBAM) and is committed to reducing its carbon footprint [20][21] - Management expects to return to normal levels of profitability in POSCO E&C next year after accounting for one-off losses [11] Other Important Information - POSCO Group has completed 63 portfolio management projects, generating KRW 1.4 trillion in cash [7] - The company has launched a safety task force and is implementing new safety technologies and practices to prevent future incidents [5][6] Q&A Session Summary Question: Steel market outlook for Q4 and guidance for next year - Management indicated that the impact of anti-dumping measures would be difficult to assess immediately due to prior imports and expected seasonal demand fluctuations [18][19] Question: Response to carbon-related costs and EU regulations - Management is developing guidelines to counter the CBAM initiative and is focused on reducing carbon emissions while engaging with the EU [20][21] Question: Update on Alaska LNG project and its impact on sales volume - The project is under review, and if realized, it could supply about 300,000 tons of steel from 2026 to 2028 [23] Question: Mid to long-term steel strategies and investment plans - Management confirmed plans to increase overseas capacity and shut down non-competitive domestic facilities while exploring new growth areas [27][28] Question: Update on lithium demand and production - Lithium demand is expected to rise significantly, with projections of 1.3 million tons of production next year, driven by EVs and other applications [45][51]