secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001124198-25-000029
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluor Q2 adjusted EPS $0.43, down 49% YoY; revenue $4.0B, down 6%; backlog down 13%
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- GAAP net earnings of $2.5B include $3.2B pre-tax mark-to-market gains on NuScale; adjusted EPS $0.43, down 49% YoY.
- Revenue $4.0B (-6% YoY); adjusted EBITDA $96M (-42% YoY) includes $54M net cost growth on three infrastructure projects.
- New awards $1.8B, down 43% YoY; backlog $28.2B, down 13% YoY; Q2 operating cash flow negative $21M.
- Share repurchases of $153M in Q2; NuScale to convert 15M class B shares in August; company adjusts 2025 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000112419825000029/0001124198-25-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000112419825000029/flr-20250801.htm
  HTML page:      https://secwatch.observer/filing/0001124198-25-000029

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