earnings
confidence high
sentiment positive
materiality 0.75
Fluor Q1 adj EPS $0.73 up 55%; revenue $4.0B +7%; targets $600M buybacks
FLUOR CORP
2025-Q1 EPS reported
-$1.42
revenue$3,982,000,000
- Revenue $4.0B (+7% y/y); GAAP net loss $241M includes $477M mark-to-market loss on NuScale and $84M claim adjustment.
- Adjusted EPS $0.73 (+55% y/y); adjusted EBITDA $155M (+76% y/y); segment profit $131M (+11% y/y).
- New awards $5.8B (down 17% y/y); backlog $28.7B (down 12.3% y/y); 79% reimbursable.
- Accelerated Q1 share repurchases $142M; targeting $600M for 2025; G&A down 39% y/y.
- Company maintains 2025 guidance; operating cash flow guidance $450-$500M.