Fluor (FLR) News Today

Fluor Corporation (NYSE: FLR) shares are under pressure after the company’s first-quarter results came in well below expectations, with EPS of $0.14 versus estimates of $0.66 and revenue of $3.66 billion versus $3.89 billion expected. Investors are focusing on the earnings miss, along with legal and project charges that hurt results, which appears to be the main reason the stock has been moving lower.

• Positive Sentiment: Truist Financial reaffirmed a Buy rating on Fluor and maintained a $57 price target, suggesting meaningful upside from recent trading levels. Fluor (NYSE:FLR) Given Buy Rating at Truist Financial
• Positive Sentiment: Citigroup kept a Buy rating on Fluor and set a new $56 price target, indicating analysts still see recovery potential despite the weak quarter. Fluor (NYSE:FLR) Given New $56.00 Price Target at Citigroup
• Neutral Sentiment: Robert W. Baird raised its price target slightly to $49 from $48, but kept a Neutral rating, reflecting a cautious stance after the earnings disappointment. Fluor (NYSE:FLR) Given New $49.00 Price Target at Robert W. Baird
• Negative Sentiment: Fluor’s Q1 miss and related charges prompted analysts to cut forecasts, reinforcing concerns about near-term profitability and execution. These Analysts Revise Their Forecasts On Fluor After Q1 Results