secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2021-11-05T23:59:59+00:00
Accession:  0001104659-21-134720
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluor raises FY adjusted EPS guidance to $0.85-$1.00; Q3 adj EPS $0.23
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- Q3 revenue $3.1B; net income from cont ops $47M ($0.26 EPS); adjusted EPS $0.23 on 170M shares.
- New awards $3B in Q3; ending backlog $21B, stable vs prior quarter.
- Reduced debt by 30% ($509M) in the quarter; debt-to-cap ratio now 37%.
- Energy Solutions profit $73M ($1.4B rev); Urban Solutions profit $18M ($1B rev) with $19M forecast adjustment on light rail.
- NuScale expenses $8M; YTD $193M outside investment, no Fluor cash contributed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000110465921134720/0001104659-21-134720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000110465921134720/tm2131889d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-134720

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