earnings
confidence high
sentiment positive
materiality 0.75
Fluor reports FY2021 net loss of $144M, adjusted EPS $0.94; guides 2022 adjusted EPS $1.15-$1.40
FLUOR CORP
2021-FY EPS reported
-$2.04
revenue$12,434,879,000
- Full year revenue $12.4B; net loss from continuing ops $1.46 per share; adjusted EPS $0.94.
- Q4 segment profit $137M vs $77M YoY; Q4 revenue $3.2B vs $3.3B.
- New awards $8.8B in 2021, up from $7.5B; ending backlog $18.9B.
- 2022 adjusted EPS guidance $1.15-$1.40; cost optimization saved $52M run-rate.
- NuScale (Other segment) loss $69M; anticipates de-SPAC with Spring Valley in H1 2022.