secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001124198-25-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluor Q1 adj EPS $0.73 up 55%; revenue $4.0B +7%; targets $600M buybacks
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000112419825000009/0001124198-25-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000112419825000009/flr-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001124198-25-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer