New awards of $1.6 billion included a large metals project in North America. Receive a free world-class investing education from MarketBeat. Generated total revenue of $119.6 million, up 16.6% quarter over quarter and 167.5% over the previous year; Recorded adjusted operating EBITDA of $35.4 million, up 38.6% quarter over quarter; Posted a net loss of $12.9 million or ($0.06) per share; 2020 first-half revenue and adjusted EBITDA higher than all of 2019 Fluor eps - earnings per share from 2006 to 2020. Learn more. Diversified Services reported a profit of $5 million in the first quarter of 2020 compared to $9 million in the first quarter of 2019. By signing up to receive our newsletter, you agree to our, Fluor announced the SEC was investigating, Data center construction market continues to boom, flickr user U.S. Customs and Border Protection, Border wall breakup: What would happen if Biden becomes president, AECOM sues Zurich for payment of COVID-19 property damage claims, 2021 outlook: Top cities to watch for construction, 5 international projects to watch in 2021, The 13 construction sectors contractors expect to shrink in 2021, Multiply Business Growth in a Pandemic Economy With CRM Technology, The Ultimate Construction Accounting Guide, How Technology is Helping Contractors Thrive in the New Normal, Walbridge Names John Rakolta III President, New device to get EV charging capability in apartment and condo buildings, Senate Democrats may merge stimulus and infrastructure bills into one massive package, Air Cargo Construction Is Booming, Thanks to Amazon. Fluor (FLR) Q2 Earnings: Disappointment in the Cards? The SEC review is still ongoing, executive chairman Alan Boeckmann said during the call. David E. Constable, a member of the Fluor board of directors, will take over on Jan. 1, succeeding Carlos Hernandez, who will retire as CEO and a member of the board at the end of the year. "We're having conversations with our clients on the best path forward to success in this environment and are providing notices asserting our rights under change of law and force majeure provisions," he said. Export data to Excel for your own analysis. Biden will ask OSHA to reconsider decision to skip emergency coronavirus standards, Warehouse rents could slow their climb in 2021 as construction boosts supply. Fundamental company data provided by Morningstar and Zacks Investment Research. The chart below shows up to four years of a company's earnings history. Fluor has generated $2.99 earnings per share over the last year. Why is there a lumber shortage in the U.S.? Q2 2019 Q2 2020 Book value per share 1 See definition of Adjusted Net Income, Adjusted Diluted Earnings per Share and Adjusted Return on Shareholders’ Equity in the Company’s 2020 Second Quarter Report. The company is still assessing the outbreak's impact to project timelines and costs, CEO Carlos Hernandez said during the call. -Revenue: $4.09 billion in Q2 vs. Wall Street analysts see Fluor reporting earnings of 52 cents per share on revenue of $4.70 billion. GTII Q2 2020 Earnings Highlights. Webcasts Year - Any - 2021 2020 2019 2018 2017 2016 2015 … Discover announcements from companies in your industry. He indicated that rising material costs are a problem as well. Start Your Risk-Free Trial Subscription Here. The company said it expects to report second quarter results in approximately four weeks and third quarter results four weeks after that. Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its fourth quarter and year ended December 31, 2020. View which stocks are hot on social media with MarketBeat's trending stocks report. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Earlier this year, Fluor announced the SEC was investigating its past accounting and financial reporting, and that due to the investigation, the company would be delayed in filing conclusive full-year financial statements. Government reported a profit of $31 million in the first quarter of 2020 compared to $38 million in the first quarter of 2019. Baird senior research analyst Andrew Wittmann said the Q1 results bring “nothing new to the table,” which will most likely please investors of the firm, which has been beset by internal and federal investigations into its accounting and financial practices. Fluor Corporation (FLR) is set to report second-quarter 2016 results, after the closing bell on Aug 4. Fluor is a global, publicly-traded engineering, procurement, construction (EPC) and maintenance company. Q2 2020 Earnings Release | Q2 2020 Balance Sheet Highlights 9 Q2 2020 Q1 2020 Q2 2019 Cash and Cash Equivalents(1) $393M $294M $295M Working Capital Turns 6.6x 6.8x 7.7x Days Sales Outstanding 65 59 57 Inventory Turns 4.5x 4.6x 5.2x Total Debt Principal Amount $1.56B $1.40B $1.48B Net Leverage(2) 3.6x 2.8x 2.6x Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter. Fluor reports delayed Q2 2020 results, $4.1B in revenue. Fluor ranks 181 on the FORTUNE 500 ® list, and employs a workforce of more than 45,000 worldwide. It is derived from historical Earnings date and Earnings week for this quarter. In the third quarter, we recorded revenue of $3.8 billion, down slightly from Q2, and earnings from continuing operations attributable to Fluor of $19.1 million or $0.14 per share. Neogen Corp (NASDAQ:NEOG) Q2 2021 Earnings Call Dec 22, 2020, 11:00 a.m. Fluor works with clients in diverse industries around the world to design, construct and maintain their capital projects. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. The free newsletter covering the top industry headlines, After an internal accounting review and a Securities and Exchange Commission investigation delayed their release, Irving, Texas-based Fluor Corporation announced financial results for its first quarter 2020 yesterday, saying that revenue was $4.12 billion, down slightly from 2019 Q1 revenue of $. In May, the company announced that it received a Justice Department subpoena seeking documents relating to charges reported by the company during the second quarter of 2019. Want to see which stocks are moving? This compares to earnings of $0.81 per share a year ago. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor last announced its earnings data on December 10th, 2020. See what's happening in the market right now with MarketBeat's real-time news feed. EquipmentShare Employees Log Enough Steps to Walk 38 Laps Around the Earth Through 2020 Well... EquipmentShare Opens Third Location in Southwest Houston to Provide Innovative Solutions for... Survey: Is US political unrest harmful to construction? Energy & Chemicals reported a loss of $6 million in the first quarter of 2020 compared to a profit of $12 million in the first quarter of 2019. - August 2, 2016 - Zacks.com Based on management's projections, Fluor analysts model for earnings of $0.27 per share on sales of $3.92 billion. If Joe Biden wins and makes good on his promise to stop the construction of the U.S.-Mexico border wall, the contractors involved won't have options other than packing up and going home. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Results for the quarter reflect the impact to its operations due to a severe downturn in the economy related to COVID-19, the company said in a press statement. The company earned $3.80 billion during the quarter, compared to the consensus estimate of $3.96 billion. ET. Fluor (NYSE:FLR) Earnings Information. 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