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Shares of Fluor Corporation (NYSE: FLR) lost over 20% of their value on August 1st. Block & Leviton is investigating Fluor for potential securities fraud.
U.S. stock futures were lower this morning, with the Dow futures falling more than 400 points on Friday.
Fluor (FLR) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.85 per share a year ago.
The engineering and construction company misses quarterly earnings expectations and slashes its 2025 adjusted earnings outlook.
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced financial results for its second quarter ending June 30, 2025. “I'm pleased with the tremendous accomplishments achieved by the team on the LNG Canada project, including the first shipment of LNG. We received a contract award to update the FEED package for a proposed phase 2 expansion, and this week an agreement was reached on our COVID claims and other matters,” said Jim Breuer, chief executive officer of Fluor. “Unfortuna.
IRVING, Texas--(BUSINESS WIRE)-- #EnergySolutions--Fluor Joint Venture Awarded Front End Engineering and Design for Proposed Second Phase of LNG Canada Facility in British Columbia.
FLR's Q2 revenues are set to rise nearly 14% on infrastructure strength, but earnings may slide 31% amid margin pressure.
IRVING, Texas--(BUSINESS WIRE)-- #FluorBuildsABetterWorld--Fluor Receives Final Notice to Proceed from Barrick on Reko Diq Copper Project in Pakistan.
President Donald Trump says he wants the U.S. to quadruple its nuclear power output by 2050, from 100 gigawatts to 400 gigawatts. In May, he signed four executive orders aimed at accelerating the development of new nuclear power plants in the United States.
Infrastructure has been an investable theme ever since the U.S. Congress passed the Infrastructure Investment and Jobs Act (IIJA) in November 2021. At that time, opportunistic investors could have parked money into the Global X U.S. Infrastructure Development ETF BATS: PAVE and generated a total return of over 96%.