Earnings Alerts

Fluor Corp (FLR) Earnings: 1Q Adjusted EPS Surpasses Estimates Despite Revenue Shortfall

  • Fluor’s adjusted earnings per share (EPS) for the first quarter is 73 cents, surpassing both last year’s 47 cents and the estimated 50 cents.
  • The company’s revenue reached $3.98 billion, marking a 6.6% increase from the previous year, but was below the forecasted $4.19 billion.
  • Energy Solutions revenue decreased by 16% year-over-year to $1.21 billion, which was lower than the estimated $1.49 billion.
  • Mission Solutions revenue slightly declined by 0.7% year-over-year to $597 million, short of the expected $645.5 million.
  • Fluor’s backlog stands at $28.72 billion, reflecting a 12% yearly drop, but surpassing the estimated $28.27 billion.
  • The company received new awards totaling $5.81 billion, a 17% decrease from the previous year.
  • 2025 financial estimates are based on an assumed tax rate of 30% to 35%.
  • John Regan, Fluor’s CFO, stated that the company is on a stronger financial path, supported by a predominantly reimbursable backlog and positive cash flow outlook.
  • Analyst recommendations include 7 buy ratings, 3 hold ratings, and no sell ratings.

Fluor Corp on Smartkarma

Analyst coverage of Fluor Corp on Smartkarma by Baptista Research showcases a positive outlook on the company’s performance. In a report titled “Fluor Corporation: Why Energy Transition & Infrastructure Spending Are Supercharging Growth!”, the analyst highlights the recent earnings announcement, emphasizing positive financial results and strategic restructuring. Fluor reported a revenue increase to $16.3 billion, with a net income of $2.1 billion, showcasing its ability to adapt to market dynamics. This positive sentiment indicates confidence in Fluor’s capacity to stabilize its financial position amid changing market conditions.

Furthermore, Baptista Research‘s report “Fluor Corporation: Here Are The 6 Biggest Factors Impacting Its Performance In 2025 & Beyond! – Major Drivers” discusses the company’s Q3 2024 earnings presentation. Despite a mixed performance, Fluor reported revenue of $4.1 billion for the quarter, with a substantial backlog of $31.3 billion, primarily from reimbursable contracts. This strategic focus on stable revenue streams through reimbursable contracts demonstrates Fluor’s commitment to ensuring a predictable financial outlook. Analyst sentiment remains optimistic about Fluor Corp‘s performance trajectory beyond 2025, emphasizing key factors influencing its future growth.


A look at Fluor Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on Smartkarma’s Smart Scores, Fluor Corp shows a positive long-term outlook. With a strong score of 5 in Growth and 4 in Resilience, the company is positioned well for future expansion and is capable of weathering economic uncertainties efficiently. This indicates that Fluor Corp is likely to see robust development opportunities and can navigate challenging market conditions effectively.

While the Dividend score is a bit lower at 1, suggesting limited dividend potential, the overall outlook remains favorable due to the high scores in Value (4) and Momentum (3). Fluor Corp‘s expertise in providing professional services such as engineering, procurement, construction, project management, and outsourcing on a global scale further supports its promising long-term prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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