Fluor Corporation (FLR) Earnings Preview: Key Financial Insights
- Earnings per Share (EPS) prediction for the fourth quarter is $0.78 with revenue expectations of approximately $4.42 billion.
- FLR has had a mixed performance over the past four quarters, exceeding earnings expectations twice and missing twice.
- The company's price-to-earnings (P/E) ratio is 28.54, indicating a high market valuation of its earnings, while its price-to-sales ratio of 0.47 suggests a lower market valuation relative to sales.
Fluor Corporation, listed on the NYSE:FLR, is a global engineering and construction firm operating in three main segments: Energy & Chemicals, Infrastructure & Power, and Government. As FLR prepares to release its fourth-quarter 2024 earnings on February 18, 2025, analysts predict an earnings per share (EPS) of $0.78 and revenue of approximately $4.42 billion.
In the previous quarter, FLR's adjusted EPS and revenues fell short of the Zacks Consensus Estimate by 34.6% and 14.6%, respectively. Despite these misses, the company saw a 3.3% year-over-year revenue increase. However, net income dropped by 50%, highlighting challenges in maintaining profitability. Over the past four quarters, FLR has exceeded earnings expectations twice and missed them twice.
The Zacks Consensus Estimate for FLR's fourth-quarter EPS was recently adjusted from $0.79 to $0.78, still marking a 14.7% increase from the previous year's $0.68. This adjustment reflects cautious optimism about FLR's performance. The company's price-to-earnings (P/E) ratio of 28.54 suggests a high market valuation of its earnings, while a price-to-sales ratio of 0.47 indicates a relatively low market valuation compared to sales.
FLR's enterprise value to sales ratio of 0.36 and enterprise value to operating cash flow ratio of 6.98 highlight its modest valuation and cash flow efficiency. The earnings yield of 3.50% provides insight into the return on investment for shareholders. With a debt-to-equity ratio of 0.50, FLR maintains a balanced approach to leveraging debt, and a current ratio of 1.77 indicates strong short-term financial health.
| Symbol | Price | %chg |
|---|---|---|
| 02826K.KS | 129600 | -0.39 |
| 028260.KS | 196400 | -0.15 |
| JSMR.JK | 3500 | -1.14 |
| SSIA.JK | 1790 | -1.68 |
Fluor Corporation (NYSE:FLR) Faces Downgrade Amidst Strong Performance
- Fluor Corporation's stock surged by nearly 55% over the past three months, significantly outperforming its industry peers.
- The company boasts a substantial $28.7 billion backlog, with 79% being reimbursable, indicating reduced risk and support for long-term margin growth.
- Despite a recent downgrade, Fluor's strategic share repurchases and strong demand across various sectors suggest a positive outlook.
Fluor Corporation (NYSE:FLR) is a global engineering and construction firm based in Texas, operating in various sectors, including infrastructure, energy, and mining. The company recently received a downgrade to a "Sector Weight" rating by KeyBanc, announced when the stock was priced at $52.95. This decision followed a significant rally in the stock, as highlighted by TheFly.
Fluor's stock has surged by nearly 55% over the past three months, outperforming the Zacks Engineering - R and D Services industry, the broader Zacks Construction sector, and the S&P 500 index. A major factor in this growth is the company's substantial $28.7 billion backlog, with 79% of it being reimbursable. This reduces risk and supports long-term margin growth, making Fluor an attractive investment despite the recent downgrade.
In the first quarter of 2025, Fluor repurchased $193 million in shares and plans to buy back an additional $450 million throughout the year. This strategy indicates confidence in the company's future performance. Despite some project delays, Fluor's earnings per share for fiscal year 2025 are projected to rise by 8.2%. The stock is currently trading at a discount compared to its peers, which may present a buying opportunity for investors.
Fluor is benefiting from strong demand for infrastructure projects across various sectors, including data centers, semiconductors, pharmaceuticals, energy transition, fuel production, and mining and metals. This robust demand is enhancing the company's prospects and contributing to its recent stock performance. The stock is currently priced at $52.95, reflecting a decrease of 1.60% with a change of $0.86. Today, the stock has fluctuated between a low of $52.93 and a high of $54.05.
Over the past year, FLR has reached a high of $60.10 and a low of $29.20. The company's market capitalization stands at approximately $8.72 billion, with a trading volume of 2,150,631 shares on the NYSE. Despite the recent downgrade, Fluor's strong backlog and strategic share repurchases suggest a positive outlook for the company.
Fluor Corporation (FLR) Earnings Preview: Key Financial Insights
- Earnings per Share (EPS) prediction for the fourth quarter is $0.78 with revenue expectations of approximately $4.42 billion.
- FLR has had a mixed performance over the past four quarters, exceeding earnings expectations twice and missing twice.
- The company's price-to-earnings (P/E) ratio is 28.54, indicating a high market valuation of its earnings, while its price-to-sales ratio of 0.47 suggests a lower market valuation relative to sales.
Fluor Corporation, listed on the NYSE:FLR, is a global engineering and construction firm operating in three main segments: Energy & Chemicals, Infrastructure & Power, and Government. As FLR prepares to release its fourth-quarter 2024 earnings on February 18, 2025, analysts predict an earnings per share (EPS) of $0.78 and revenue of approximately $4.42 billion.
In the previous quarter, FLR's adjusted EPS and revenues fell short of the Zacks Consensus Estimate by 34.6% and 14.6%, respectively. Despite these misses, the company saw a 3.3% year-over-year revenue increase. However, net income dropped by 50%, highlighting challenges in maintaining profitability. Over the past four quarters, FLR has exceeded earnings expectations twice and missed them twice.
The Zacks Consensus Estimate for FLR's fourth-quarter EPS was recently adjusted from $0.79 to $0.78, still marking a 14.7% increase from the previous year's $0.68. This adjustment reflects cautious optimism about FLR's performance. The company's price-to-earnings (P/E) ratio of 28.54 suggests a high market valuation of its earnings, while a price-to-sales ratio of 0.47 indicates a relatively low market valuation compared to sales.
FLR's enterprise value to sales ratio of 0.36 and enterprise value to operating cash flow ratio of 6.98 highlight its modest valuation and cash flow efficiency. The earnings yield of 3.50% provides insight into the return on investment for shareholders. With a debt-to-equity ratio of 0.50, FLR maintains a balanced approach to leveraging debt, and a current ratio of 1.77 indicates strong short-term financial health.
