earnings
confidence high
sentiment neutral
materiality 0.75
Fluor Q3 GAAP net loss $697M includes $653M Santos charge; adj EPS $0.68 beats, guidance raised
FLUOR CORP
2025-Q3 EPS reported
$9.13
revenue$11,327,000,000
- GAAP net loss $697M ($4.30 diluted EPS) includes $653M charge from Santos ruling and $401M reduction in NuScale share price.
- Adjusted EBITDA $161M (+29% y/y); adjusted EPS $0.68 (+33% y/y); revenue $3.4B (-18% y/y).
- New awards $3.3B (99% reimbursable); backlog $28.2B (82% reimbursable); operating cash flow $286M.
- Company raised 2025 guidance for adjusted EPS, EBITDA and operating cash flow; targeting $800M more in share repurchases through Feb.
- NuScale: net proceeds of $605M from conversion of 15M shares; remaining 111M shares expected fully monetized by Q2 2026.