Announcement • Apr 02
Fluor Corporation to Report Q1, 2026 Results on May 08, 2026 Fluor Corporation announced that they will report Q1, 2026 results Pre-Market on May 08, 2026 Buy Or Sell Opportunity • Mar 18
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to US$45.64. The fair value is estimated to be US$37.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.9% over the last 3 years. Meanwhile, the company became loss making. Announcement • Mar 13
Fluor Corporation, Annual General Meeting, May 06, 2026 Fluor Corporation, Annual General Meeting, May 06, 2026. Announcement • Mar 10
Fluor Corporation Appoints Robert G. (Bob) Card to its Board of Directors, Audit Committee, Commercial Strategies and Operational Risk Committee, Effective March 4, 2026 Fluor Corporation announced on March 9, 2026 that Robert G. (Bob) Card, former President and CEO of SNC-Lavalin and a seasoned global engineering and construction executive, has been elected to its Board of Directors effective March 4, 2026. Card will serve on the Board’s Audit Committee and Commercial Strategies and Operational Risk Committee. Card’s appointment brings the total number of Fluor Board members to 12 of whom 10 are independent. With more than three decades of top-level management experience across public and private sectors, he contributes broad industry, operational and government expertise. Card previously served as President and CEO of SNC-Lavalin from 2012 to 2015 and held senior leadership roles at CH2M (formerly CH2M Hill), including President of its Energy, Water & Facilities Divisions. Earlier in his career, he served as Under Secretary of Energy at the U.S. Department of Energy from 2001 to 2004, overseeing major national programs in energy, science, environment, and nuclear waste management. Beyond these roles, Card also brings substantial large-scale program and international experience. He led CH2M’s Transportation, Nuclear, Environmental, Government and International divisions; served as the deputy program manager for the successful $15 billion London 2012 Olympics; and managed the decommissioning of the Rocky Flats Nuclear Weapons Plant. He has been recognized with national honors, including the Energy Secretary’s Gold Award. Card has served on multiple industry boards, including Westinghouse Electric, AECOM, Ardurra, AMEC Foster Wheeler and Longenecker & Associates, providing governance leadership across the engineering, construction, nuclear and energy sectors. His background provides Fluor’s Board with a seasoned perspective on industry dynamics, operational risk management and government-related initiatives. Announcement • Mar 09
Fluor Corporation Announces Executive Changes Fluor Corporation announced that David E. Constable, Executive Chairman, will step down from the Board of Directors following the Annual Shareholders Meeting on May 6, 2026. James T. (Jim) Hackett, the company’s Lead Independent Director, will assume the role of Chairman of the Board on May 5, 2026. Constable’s connection to Fluor spans 44 years. He began his career with the company in 1982, advancing through a series of global leadership roles that shaped Fluor’s operational and commercial capabilities. After joining the Fluor Board in 2019, he chaired the Commercial Strategies and Operational Risk Committee, later becoming Chief Executive Officer (CEO) in 2021 and Chairman of the Board in 2022. He stepped down as CEO and transitioned into the role of Executive Chairman in 2025. His tenure is credited with reinforcing the financial foundation of the company and restoring confidence among clients, employees, partners and shareholders. Constable also brought external executive experience to the Board. He served as CEO and Executive Director of Sasol from 2011 to 2016 and has held board positions with Anadarko and Rio Tinto, while continuing to serve as a board member at ABB, contributing a broad perspective on global industrial and energy markets. Hackett brings extensive governance experience and a deep knowledge of global markets. He has served as Director on Fluor’s Board since 2016, with former Board service from 2001 to 2015, and was appointed Lead Independent Director in 2025 as part of the Board’s commitment to strong independent oversight. His background includes senior leadership roles across the energy industry and prior service as Chairman of the Federal Reserve Bank of Dallas. He currently sits on the boards of Enterprise Products Holdings, LLC and SLB (formerly Schlumberger Limited). Price Target Changed • Feb 20
Price target increased by 7.4% to US$54.22 Up from US$50.50, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of US$53.69. Stock is up 42% over the past year. The company is forecast to post earnings per share of US$2.71 next year compared to a net loss per share of US$0.31 last year. Reported Earnings • Feb 18
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: US$0.32 loss per share (down from US$12.47 profit in FY 2024). Revenue: US$15.5b (down 5.0% from FY 2024). Net loss: US$51.0m (down 102% from profit in FY 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Feb 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.6% to US$46.92. The fair value is estimated to be US$38.88, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are forecast to decline by 64% per annum over the same time period. Announcement • Feb 06
Fluor Corporation Announces Appointment of James P. Elliott as Chief Accounting Officer, Effective February 4, 2026 Fluor Corporation announced that on February 3, 2026, the Board of Directors appointed Mr. James P. Elliott to serve as the Corporation’s Chief Accounting Officer, effective February 4, 2026. Mr. Elliott, age 47, currently serves as Corporate Controller of the Corporation, which position he has held since 2025. He was previously Director, Technical Accounting and Internal Reporting from 2019 to 2025. Mr. Elliott does not have any family relationships with any director or executive officer of the Corporation, and there are no arrangements or undertakings with any person pursuant to which he was selected as an officer of the Corporation. In addition, no transactions involving Mr. Elliott have occurred or are currently contemplated that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934. Buy Or Sell Opportunity • Jan 22
Now 21% overvalued Over the last 90 days, the stock has fallen 6.8% to US$45.61. The fair value is estimated to be US$37.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are forecast to decline by 64% per annum over the same time period. Announcement • Jan 02
Fluor Corporation to Report Q4, 2025 Results on Feb 17, 2026 Fluor Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 17, 2026 Major Estimate Revision • Nov 14
Consensus EPS estimates fall by 33% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$16.5b to US$15.7b. EPS estimate also fell from US$14.28 per share to US$9.55 per share. Net income forecast to shrink 80% next year vs 13% growth forecast for Construction industry in the US . Consensus price target broadly unchanged at US$50.33. Share price fell 7.3% to US$42.39 over the past week. Reported Earnings • Nov 09
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: US$4.30 loss per share (down from US$0.32 profit in 3Q 2024). Revenue: US$3.37b (down 18% from 3Q 2024). Net loss: US$697.0m (down US$751.0m from profit in 3Q 2024). Revenue missed analyst estimates by 20%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Oct 22
Fluor Corporation Announces Executive Leadership Changes On October 17, 2025, Mr. Mark E. Fields, Group President, Project Execution of Fluor Corporation (the “Corporation”), notified the Corporation that he intends to retire in 2026. As part of a succession planning transition process, the Board of Directors (the “Board”) of the Corporation appointed Mr. Fields to the role Group President, Strategic Projects, effective November 1, 2025. Mr. Michael E. Alexander, the Corporation’s current Business Group President, Energy Solutions, will move into the role of Group President, Project Execution, effective November 1, 2025. Mr. Pierre Bechelany, the Corporation’s current President, LNG & Power, will move into the role of Business Group President, Energy Solutions, effective November 1, 2025. Announcement • Oct 21
Starboard Value Intends Push Fluor to Boost the Share Value On October 20, 2025, Starboard Value has acquired a nearly 5% interest in Fluor and intends to push for ways to boost the company's shares, Announcement • Oct 02
Fluor Corporation to Report Q3, 2025 Results on Nov 07, 2025 Fluor Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 07, 2025 Announcement • Sep 17
Gainey Mckenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fluor Corporation Fluor Corporation announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Texas on behalf of all persons or entities who purchased or otherwise acquired Fluor Corporation securities between February 18, 2025 and July 31, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) costs associated with the Gordie Howe, I-635/LBJ, and I-35 projects were growing because of, inter alia, subcontractor design errors, price increases, and scheduling delays; (ii) the foregoing, as well as customer reduction in capital spending and client hesitation around economic uncertainty, was having, or was likely to have, a significant negative impact on the Company’s business and financial results; (iii) accordingly, Fluor’s financial guidance for Fiscal Year 2025 was unreliable and/or unrealistic, the effectiveness of the Company’s risk mitigation strategy was overstated, and the impact of economic uncertainty on the Company’s business and financial results was understated; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Investors who purchased or otherwise acquired shares of Fluor should contact the Firm prior to the November 14, 2025 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Recent Insider Transactions Derivative • Aug 12
Executive Chairman notifies of intention to sell stock David Constable intends to sell 71k shares in the next 90 days after lodging an Intent To Sell Form on the 11th of August. If the sale is conducted around the recent share price of US$56.39, it would amount to US$4.0m. Since December 2024, David's direct individual holding has increased from 484.30k shares to 626.98k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Aug 06
Price target decreased by 7.8% to US$50.33 Down from US$54.61, the current price target is an average from 9 analysts. New target price is 22% above last closing price of US$41.25. Stock is down 11% over the past year. The company is forecast to post earnings per share of US$11.47 for next year compared to US$12.47 last year. Reported Earnings • Aug 03
Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2025 results: EPS: US$14.81 (up from US$0.99 in 2Q 2024). Revenue: US$3.98b (down 5.9% from 2Q 2024). Net income: US$2.46b (up US$2.29b from 2Q 2024). Profit margin: 62% (up from 4.0% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$41.42, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 28x in the Construction industry in the US. Total returns to shareholders of 79% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$50.10 per share. Price Target Changed • Jul 29
Price target increased by 10% to US$54.61 Up from US$49.45, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of US$55.99. Stock is up 19% over the past year. The company is forecast to post earnings per share of US$0.86 for next year compared to US$12.47 last year. Announcement • Jul 02
Fluor Corporation to Report Q2, 2025 Results on Aug 01, 2025 Fluor Corporation announced that they will report Q2, 2025 results at 9:29 AM, US Eastern Standard Time on Aug 01, 2025 Buy Or Sell Opportunity • Jul 01
Now 21% undervalued Over the last 90 days, the stock has risen 35% to US$50.31. The fair value is estimated to be US$63.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.4% per annum. Earnings are forecast to decline by 33% per annum over the same time period. Buy Or Sell Opportunity • Jun 12
Now 20% undervalued Over the last 90 days, the stock has risen 31% to US$48.39. The fair value is estimated to be US$60.82, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to decline by 74% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$49.79, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 24x in the Construction industry in the US. Total returns to shareholders of 86% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$60.47 per share. Reported Earnings • May 04
First quarter 2025 earnings: EPS and revenues miss analyst expectations First quarter 2025 results: US$1.43 loss per share (down from US$0.34 profit in 1Q 2024). Revenue: US$3.98b (up 6.6% from 1Q 2024). Net loss: US$241.0m (down US$300.0m from profit in 1Q 2024). Revenue missed analyst estimates by 4.7%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 02
Fluor Corporation Elects James R. Breuer to the Board Fluor Corporation at its annual meeting of stockholders held on April 30, 2025 elected James R. Breuer to the Board to serve until the 2026 annual meeting of stockholders and until their successors are duly elected and qualified. Price Target Changed • Apr 21
Price target decreased by 8.3% to US$48.15 Down from US$52.50, the current price target is an average from 10 analysts. New target price is 46% above last closing price of US$33.01. Stock is down 16% over the past year. The company is forecast to post earnings per share of US$2.55 for next year compared to US$12.47 last year. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$30.86, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Construction industry in the US. Total returns to shareholders of 6.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$60.94 per share. Announcement • Apr 04
Fluor Corporation to Report Q1, 2025 Results on May 02, 2025 Fluor Corporation announced that they will report Q1, 2025 results Pre-Market on May 02, 2025 Announcement • Mar 31
Fluor Corporation Announces Chief Human Resources Officer Changes, Effective April 7, 2025 Fluor Corporation announced that Tracey Cook has been named Chief Human Resources Officer (CHRO), effective April 7, 2025, succeeding Stacy Dillow, who is leaving Fluor to pursue a new opportunity. Cook, currently Senior Vice President of Human Resources, has been with Fluor for 35 years and has held several senior leadership positions in Finance, as President of Fluor’s former equipment subsidiary, AMECO, and most recently, in Human Resources. Announcement • Mar 14
Fluor Corporation, Annual General Meeting, Apr 30, 2025 Fluor Corporation, Annual General Meeting, Apr 30, 2025. Recent Insider Transactions Derivative • Mar 11
Executive Chairman & CEO notifies of intention to sell stock David Constable intends to sell 191k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of March. If the sale is conducted around the recent share price of US$52.58, it would amount to US$10m. For the year to December 2019, David's total compensation was 7% salary and 93% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, David's direct individual holding has increased from 484.30k shares to 745.13k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Mar 02
Group President of Project Execution notifies of intention to sell stock Mark Fields intends to sell 59k shares in the next 90 days after lodging an Intent To Sell Form on the 28th of February. If the sale is conducted around the recent share price of US$38.00, it would amount to US$2.2m. Since March 2024, Mark's direct individual holding has decreased from 177.00k shares to 150.19k. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Feb 20
Price target decreased by 7.0% to US$53.60 Down from US$57.65, the current price target is an average from 10 analysts. New target price is 35% above last closing price of US$39.83. Stock is up 12% over the past year. The company is forecast to post earnings per share of US$2.57 for next year compared to US$12.47 last year. Reported Earnings • Feb 18
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: US$12.48 (up from US$0.55 in FY 2023). Revenue: US$16.3b (up 5.4% from FY 2023). Net income: US$2.15b (up US$2.06b from FY 2023). Profit margin: 13% (up from 0.5% in FY 2023). The increase in margin was primarily driven by lower expenses. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Announcement • Feb 18
Fluor Corporation Announces CEO Changes Fluor Corporation announced that its Board of Directors has appointed Chief Operating Officer (COO), Jim Breuer, as Chief Executive Officer (CEO), effective May 1, 2025. David E. Constable, Fluor’s current Chairman and CEO, will transition into the role of Executive Chairman on the same date, ensuring continuity of leadership and strategic direction of the company. Breuer has held the role of COO since 2024, driving a more holistic approach to Fluor’s markets, talent deployment and project delivery excellence. Prior to his COO role, he held several executive leadership positions including Group President of Energy Solutions. His engineering, procurement and construction experience spans four continents in the energy, chemicals, mining and metals, and power sectors. In his 31 years at Fluor, Breuer has held a variety of executive and project roles, including spending half of his career on assignments outside of the United States. Announcement • Feb 06
Fluor Corporation Elects Charles P. Blankenship Jr. to its Board of Directors and Audit Committee and Commercial Strategies and Operational Risk Committee, Effective March 1, 2025 Fluor Corporation announced that Charles (Chip) P. Blankenship Jr., Chairman and Chief Executive Officer (CEO) of Woodward Inc., has been elected to its Board of Directors effective March 1, 2025. Blankenship will serve on the Board's Audit Committee and the Commercial Strategies and Operational Risk Committee, bringing the total number of Fluor Board members to 11, of whom 10 are independent. Prior to becoming Woodward’s CEO in May 2022, Blankenship’s leadership roles included serving as CEO of Arconic, an aerospace advanced alloys and components company, and a 24-year career at General Electric (GE). While at GE, he held significant leadership roles in aviation, energy and appliances, including CEO of GE Appliances and Vice President and General Manager of Commercial Aircraft Engines. He was also General Manager of GE’s Aero Energy. Blankenship serves on the Board of Directors of the National Association of Manufacturers and the Board of Governors of the Aerospace Industries Association. He is a member of the National Academy of Engineering and served as the Montgomery Distinguished Professor of Practice at the University of Virginia (UVA) School of Engineering and Applied Sciences. Blankenship holds a Ph.D. in materials science and engineering from UVA and a bachelor’s degree from Virginia Polytechnic Institute and State University. New Risk • Jan 28
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: US$433k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Announcement • Jan 06
Fluor Corporation to Report Q4, 2024 Results on Feb 18, 2025 Fluor Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 18, 2025 Announcement • Dec 04
Fluor Corporation Announces Chief Financial Officer Changes Fluor Corporation announced that after more than three decades of service,Chief Financial Officer, Joe Brennan, will retire effective July 1, 2025. Fluor’s Board of Directors has appointed John Regan as his successor, effective March 1, 2025. Regan currently serves as Fluor’s Executive Vice President and Chief Accounting Officer. He brings more than three decades of financial and industry expertise, as well as extensive experience managing public company financial planning, reporting and operations. Prior to joining Fluor, Regan served as CFO of Alta Mesa and CFO of Vine Oil & Gas LP. Regan is a Certified Public Accountant, licensed in Texas, and began his career at PricewaterhouseCoopers. Announcement • Dec 03
Fluor Corporation Announces Retirement of Joe Brennan as Executive Vice President, Effective July 1, 2025 Fluor Corporation announced that after more than three decades of service, Executive Vice President, Joe Brennan, will retire effective July 1, 2025. Fluor’s Board of Directors has appointed John Regan as his successor, effective March 1, 2025. Regan currently serves as Fluor’s Executive Vice President and Chief Accounting Officer. He brings more than three decades of financial and industry expertise, as well as extensive experience managing public company financial planning, reporting and operations. Prior to joining Fluor, Regan served as CFO of Alta Mesa and CFO of Vine Oil & Gas LP. Regan is a Certified Public Accountant, licensed in Texas, and began his career at PricewaterhouseCoopers. Recent Insider Transactions Derivative • Nov 25
Group President of Project Execution notifies of intention to sell stock Mark Fields intends to sell 109k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of November. If the sale is conducted around the recent share price of US$57.74, it would amount to US$6.3m. Since March 2024, Mark's direct individual holding has decreased from 177.00k shares to 170.30k. Company insiders have collectively sold US$733k more than they bought, via options and on-market transactions in the last 12 months. Major Estimate Revision • Nov 15
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$17.4b to US$16.7b. EPS estimate also fell from US$2.82 per share to US$2.34 per share. Net income forecast to grow 91% next year vs 34% growth forecast for Construction industry in the US. Consensus price target broadly unchanged at US$55.45. Share price fell 14% to US$50.80 over the past week. Reported Earnings • Nov 10
Third quarter 2024 earnings: EPS and revenues miss analyst expectations Third quarter 2024 results: EPS: US$0.32 (down from US$1.17 in 3Q 2023). Revenue: US$4.09b (up 3.3% from 3Q 2023). Net income: US$54.0m (down 68% from 3Q 2023). Profit margin: 1.3% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 59%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Announcement • Oct 01
Fluor Corporation to Report Q3, 2024 Results on Nov 08, 2024 Fluor Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 08, 2024 Recent Insider Transactions Derivative • Sep 08
Executive VP & CFO notifies of intention to sell stock Joseph Brennan intends to sell 63k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of September. If the sale is conducted around the recent share price of US$47.13, it would amount to US$2.9m. Since March 2024, Joseph has owned 81.55k shares directly. Company insiders have collectively sold US$733k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Aug 18
Executive VP recently sold US$628k worth of stock On the 14th of August, John Regan sold around 13k shares on-market at roughly US$48.31 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Recent Insider Transactions Derivative • Aug 16
Executive VP notifies of intention to sell stock John Regan intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$48.31, it would amount to US$628k. Since March 2024, John has owned 46.71k shares directly. There has only been one transaction (US$105k sale) from insiders over the last 12 months. Price Target Changed • Aug 07
Price target increased by 8.2% to US$52.33 Up from US$48.35, the current price target is an average from 9 analysts. New target price is 12% above last closing price of US$46.71. Stock is up 32% over the past year. The company is forecast to post earnings per share of US$2.82 for next year compared to US$0.55 last year. Announcement • Aug 05
Fluor Corporation Announces Leadership Changes Fluor Corporation announced the appointment of a new Chief Operating Officer (COO) and Chief Legal Officer (CLO), effective August 5, 2024. Jim Breuer has been appointed to the newly created position of COO. In this capacity, Breuer will drive a more holistic view of Fluor’s markets, strengths and needs in project delivery and talent allocation across the company’s three business segments – Energy Solutions, Mission Solutions and Urban Solutions. Kevin Hammonds has been appointed CLO, succeeding John Reynolds, who will retire from the company after nearly 40 years of service. Reynolds will remain as Corporate Secretary to Fluor’s Board of Directors until May 2025. Reported Earnings • Aug 04
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: US$0.99 (up from US$0.36 in 2Q 2023). Revenue: US$4.23b (up 7.3% from 2Q 2023). Net income: US$169.0m (up 231% from 2Q 2023). Profit margin: 4.0% (up from 1.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 57%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Construction industry in the US. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.