Fluor Stock Down on Q4 Earnings & Revenues Miss, Backlog Falls Y/Y
FLR's fourth-quarter 2024 results reflect strong contributions from the Urban Solutions and Energy Solutions segments amid a sharp drop in Urban Solutions' margin.
Why Fluor Stock Flopped Today
Fluor (FLR -8.41%) published its final earnings report for 2024 on Tuesday, and investors reacted by trading the company's stock down aggressively. This resulted in a nearly 9% share-price erosion on the day, a performance that was notably worse than the 0.2% gain of the bellwether S&P 500 index.
Crude Oil Gains 1.5%; Fluor Shares Plunge Following Downbeat Earnings
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite falling around 100 points on Tuesday.
Fluor Corporation (FLR) Q4 2024 Earnings Call Transcript
Fluor Corporation (FLR) Q4 2024 Earnings Call Transcript
Fluor (FLR) Misses Q4 Earnings and Revenue Estimates
Fluor (FLR) came out with quarterly earnings of $0.48 per share, missing the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.68 per share a year ago.
What's in Store For These 5 Construction Stocks This Earnings Season?
Here is a bundle of five construction stocks that are set to report their quarterly earnings tomorrow. Click away to know the factors ahead of the earnings release.
Fluor Gears Up to Report Q4 Earnings: Here's What's in Store
FLR's fourth-quarter 2024 results are likely to reflect solid contributions from its three main segments. Click on to learn more about the stock ahead of earnings.
Fluor Secures Key BHP Contract for Copper Expansion in Australia
FLR's role in BHP's Olympic Dam project boosts its position in the mining sector.
3 Reasons To Consider Fluor
Fluor Corporation has delivered commendable YTD returns of ~28% outperforming other mid-caps by 2x and industrial stocks by 1.6x. FLR's forward EV/EBITDA multiple is not cheap, but allowances could be made due to the sturdy operating leverage, while the FCF yield looks very compelling. A robust balance sheet and high cash levels support the likelihood of a pickup in buybacks, while the dividend too could be reinstated after 4 years.
Fluor Wins FEED Contract for Heidelberg Materials' GeZero Project
FLR, set to benefit from its growing backlog level, wins a contract from Heidelberg Materials for the Geseke cement production facility.
Here's Why Investors Should Stay Away From Fluor Stock Now
FLR's stock is affected by lower contributions from the Energy Solutions unit and project delays.
Why Fluor Stock Tanked by Almost 14% Today
A double miss on quarterly results sent investors heading for the exit lane.
