FLR's Q1 2026 EPS and revenues miss estimates as legal and project charges hit results, sending shares down 15.2% on Friday.
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FLR's Q1 2026 EPS and revenues miss estimates as legal and project charges hit results, sending shares down 15.2% on Friday.
The drop in bookings reflects timing rather than demand, CEO Jim Breuer said, with stronger performance expected in the second half.
Fluor (FLR) reported weaker-than-expected first-quarter results on Friday while the engineering and
Fluor Corporation (NYSE:FLR) shares dropped 5. 05% in premarket trading on Friday after the engineering and construction company reported weaker-than-expected first-quarter results and tightened its full-year outlook.
Fluor reports adjusted earnings per share of 14 cents from sales of almost $3.7 billion. Wall Street expected earnings per share of 52 cents from sales of $9.2 billion.
Fluor was an early investor in NuScale Power in 2011.
KBR teams with Tagup to embed AI-driven logistics planning, cutting planning time and boosting Space Force and missile defense readiness.