earnings
confidence high
sentiment neutral
materiality 0.75
Fluor Q3 revenue $4.1B, EPS $0.31; adjusted EPS $0.51; cash flow guidance raised to ~$700M
FLUOR CORP
2024-Q3 EPS reported
$1.63
revenue$12,055,000,000
- Revenue $4.1B; new awards $2.7B; operating cash flow $330M in Q3 2024.
- Diluted EPS $0.31; adjusted diluted EPS $0.51; segment profit $117M vs $276M in Q3 2023.
- NuScale deconsolidation to result in ~$1.6B gain in Q4 2024.
- 2024 cash flow guidance increased to approximately $700M.
- Board authorized increase in share repurchase program to 30.5M shares.