Fluor (NYSE:FLR) Posts Earnings Results

Fluor (NYSE:FLR) posted its quarterly earnings results on Tuesday. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.01), FiscalAI reports. Fluor had a positive return on equity of 7.96% and a negative net margin of 0.34%.The company had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the prior year, the firm earned $0.48 EPS. Fluor’s revenue for the quarter was down 2.0% compared to the same quarter last year.

Here are the key takeaways from Fluor’s conference call:

• Fluor completed a major NuScale monetization (≈$2B received since Sept 2025) and executed substantial share repurchases ($754M in 2025, +$335M YTD 2026), enabling a planned $1.4B buyback program for 2026.
• The company finished 2025 with a $25.5B backlog (81% reimbursable), sees improving client confidence and pipeline conversion (Book‑to‑Burn >1 for 2026), and set 2026 guidance of adjusted EBITDA $525–585M and adjusted EPS $2.60–3 (assuming full repurchases).
• The Santos ruling and payment resulted in a $643M revenue reduction and contributed to a -$387M 2025 operating cash flow; Fluor expects roughly $220M of legacy/lost‑project funding in 2026 and limited appeal/insurance updates until H2 2026.
• Segment performance was mixed: Energy Solutions reported a $414M loss largely tied to Santos but saw underlying strength otherwise, Urban absorbed $108M of cost growth on three infrastructure projects while booking $8.7B of awards, and Mission remains steady with opportunities in nuclear fuels and government work.

Fluor Trading Up 4.4%

FLR stock opened at $50.69 on Thursday. The firm’s fifty day simple moving average is $44.20 and its two-hundred day simple moving average is $43.80. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of -64.99, a price-to-earnings-growth ratio of 7.07 and a beta of 1.37. The company has a quick ratio of 1.45, a current ratio of 1.91 and a debt-to-equity ratio of 0.33. Fluor has a twelve month low of $29.20 and a twelve month high of $57.50.

Key Stories Impacting Fluor

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Management announced a meaningful buyback program alongside the quarterly results — a direct shareholder-return action that likely supports the rally. Fluor’s Earnings Call: Big Charges, Bigger Buybacks
• Positive Sentiment: Company highlighted successful execution on recent nuclear and gold projects, signaling pick‑up in project delivery after earlier setbacks — supports revenue pipeline confidence. Fluor’s Nuclear And Gold Wins Test Execution After Recent Losses
• Positive Sentiment: Legislative proposals (H.R.7459 Coastal Trust Fund Act) could expand federal-funded coastal/storm projects over time, representing potential new contract opportunities for Fluor. New Bill: Representative Jefferson Van Drew introduces H.R. 7459: Coastal Trust Fund Act
• Neutral Sentiment: Robert W. Baird raised its price target modestly ($45 → $48) but kept a neutral rating, which is supportive but not a strong buy signal. Fluor price target raised by — at Baird: here’s why
• Neutral Sentiment: Several market write-ups (Zacks/Yahoo) frame FLR as a value/bargain candidate based on momentum and valuation screens — helpful for longer-term buyers but not an immediate catalyst. Here’s Why Fluor (FLR) is a Strong Value Stock
• Negative Sentiment: Q4 results slightly missed expectations (EPS $0.33 vs. $0.34 est.; revenue $4.18B vs. $4.27B est.), revenue fell year-over-year and margins remain pressured — a near-term drag noted by traders. Fluor Corporation Q4 2025 Earnings Call Summary
• Negative Sentiment: Analyst and commentary pieces raised valuation concerns (some view FLR as fully valued after the post-earnings move), which could cap upside unless fundamentals improve. Fluor: After Q4 Results, I See This Stock As Fully Valued
• Negative Sentiment: The company disclosed concentration risk from reliance on U.S. federal contracts — a regulatory/revenue risk that investors will watch for contract timing and award cadence. Fluor’s Federal Contract Dependence Poses Heightened Revenue, Regulatory And Reputational Risks

Analysts Set New Price Targets

FLR has been the subject of a number of research analyst reports. Wall Street Zen raised Fluor from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Truist Financial lifted their price target on shares of Fluor from $51.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Robert W. Baird raised their price objective on Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings cut Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday. Finally, DA Davidson boosted their price target on shares of Fluor from $50.00 to $55.00 and gave the stock a “buy” rating in a research note on Monday, November 10th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $49.86.

Hedge Funds Weigh In On Fluor

Large investors have recently bought and sold shares of the business. Global Retirement Partners LLC increased its position in shares of Fluor by 91.7% during the fourth quarter. Global Retirement Partners LLC now owns 650 shares of the construction company’s stock worth $26,000 after acquiring an additional 311 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Fluor in the 4th quarter valued at approximately $27,000. Larson Financial Group LLC lifted its position in Fluor by 6,116.7% during the 3rd quarter. Larson Financial Group LLC now owns 746 shares of the construction company’s stock worth $31,000 after acquiring an additional 734 shares during the period. Banque Transatlantique SA increased its holdings in Fluor by 312.5% in the 2nd quarter. Banque Transatlantique SA now owns 825 shares of the construction company’s stock worth $43,000 after buying an additional 625 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its position in Fluor by 1,167.0% during the third quarter. CIBC Private Wealth Group LLC now owns 1,267 shares of the construction company’s stock valued at $53,000 after purchasing an additional 1,167 shares during the period. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Fluor Company Profile

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.