Fluor (NYSE:FLR) Releases Quarterly Earnings Results, Misses Estimates By $0.52 EPS

Key Points

• Fluor missed quarterly earnings and revenue estimates, reporting EPS of $0.14 versus the $0.66 consensus and revenue of $3.66 billion versus $3.89 billion expected.
• The results were a year-over-year decline as revenue fell 8% and earnings dropped from $0.73 per share in the same quarter last year, contributing to a negative net margin.
• Shares fell sharply after the report, with the stock down 15.3% intraday as investors reacted to the earnings miss and weaker near-term outlook.

Fluor (NYSE:FLR - Get Free Report) issued its quarterly earnings data on Thursday. The construction company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.52), Zacks reports. The business had revenue of $3.66 billion during the quarter, compared to analyst estimates of $3.89 billion. Fluor had a negative net margin of 0.34% and a positive return on equity of 7.96%. Fluor's revenue for the quarter was down 8.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 earnings per share.

Fluor Stock Down 15.3%

Shares of NYSE FLR traded down $7.80 during trading hours on Friday, hitting $43.28. The company had a trading volume of 9,106,678 shares, compared to its average volume of 2,700,203. The stock has a market capitalization of $6.19 billion, a P/E ratio of -55.49, a price-to-earnings-growth ratio of 1.35 and a beta of 1.33. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.33. Fluor has a 1-year low of $35.14 and a 1-year high of $57.50. The firm's 50 day moving average is $48.04 and its 200-day moving average is $45.96.

Analysts Set New Price Targets

FLR has been the topic of several research reports. Zacks Research cut Fluor from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 20th. DA Davidson boosted their target price on Fluor from $55.00 to $60.00 and gave the company a "buy" rating in a research note on Thursday, February 19th. UBS Group restated a "buy" rating and issued a $57.00 target price on shares of Fluor in a research note on Thursday, February 19th. Truist Financial boosted their target price on Fluor from $56.00 to $59.00 and gave the company a "buy" rating in a research note on Thursday, February 19th. Finally, Wall Street Zen upgraded Fluor from a "sell" rating to a "hold" rating in a research note on Saturday, January 31st. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $54.33.

Fluor News Roundup

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Company highlighted new contract wins and an expanding pipeline across gas-fired & nuclear power, refining, data centers, mining and uranium enrichment — supports medium-term backlog and revenue recovery. Fluor Reports First Quarter 2026 Results
• Positive Sentiment: Awarded feasibility study services for Anglo American’s Woodsmith mining project in the U.K., a niche critical-minerals engagement that adds to the project pipeline and diversification of revenue. Fluor Awarded Feasibility Study Services for Anglo American’s Woodsmith Mining Project
• Neutral Sentiment: Shareholders re-elected the board and approved executive pay and the auditor at the annual meeting — governance items passed with investor support but are unlikely to move the stock materially. Fluor Shareholders Back Board, Executive Pay and Auditor
• Neutral Sentiment: Management completed the sale of its stake in NuScale Power; strategic simplification but limited immediate earnings impact for Fluor. Now That Fluor Is Done Selling Its Stake in NuScale Power
• Negative Sentiment: Q1 earnings and revenue missed consensus (EPS $0.14 vs. $0.66 est.; revenue $3.66B vs. $3.89B est.), and several core segments underperformed — the principal catalyst for the stock decline. Fluor dips on Q1 earnings miss & tweaked outlook
• Negative Sentiment: Company narrowed its 2026 EBITDA outlook amid cost pressures and weaker near-term execution, increasing uncertainty on margin recovery and near-term cash generation. Fluor (FLR) shares decline after earnings miss and lower guidance range
• Negative Sentiment: Market reaction—multiple outlets report a double-digit intraday drop and elevated volume after the results, signaling short-term investor concern and potential downside pressure until clearer execution or guidance improvement. Crude Oil Gains 1%; Fluor Shares Plunge After Q1 Results

Insider Buying and Selling

In other news, insider Michael E. Alexander sold 3,387 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $53.07, for a total value of $179,748.09. Following the completion of the sale, the insider owned 68,664 shares of the company's stock, valued at approximately $3,643,998.48. This represents a 4.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Tracey H. Cook sold 2,589 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $53.22, for a total value of $137,786.58. Following the completion of the sale, the insider directly owned 10,731 shares of the company's stock, valued at approximately $571,103.82. The trade was a 19.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,110 shares of company stock worth $1,168,920 in the last quarter. 1.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Fluor

Large investors have recently added to or reduced their stakes in the business. Global Retirement Partners LLC raised its stake in Fluor by 91.7% in the 4th quarter. Global Retirement Partners LLC now owns 650 shares of the construction company's stock valued at $26,000 after acquiring an additional 311 shares during the period. Los Angeles Capital Management LLC bought a new stake in Fluor in the 4th quarter valued at $27,000. Larson Financial Group LLC raised its stake in Fluor by 6,116.7% in the 3rd quarter. Larson Financial Group LLC now owns 746 shares of the construction company's stock valued at $31,000 after acquiring an additional 734 shares during the period. Banque Transatlantique SA raised its stake in Fluor by 312.5% in the 2nd quarter. Banque Transatlantique SA now owns 825 shares of the construction company's stock valued at $43,000 after acquiring an additional 625 shares during the period. Finally, CIBC Private Wealth Group LLC raised its stake in Fluor by 1,167.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,267 shares of the construction company's stock valued at $53,000 after acquiring an additional 1,167 shares during the period. Institutional investors own 88.07% of the company's stock.

About Fluor

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.

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