FLR - Why Is Engineering And Construction Company Fluor Stock Trading Lower Today? | Benzinga
Fluor Corp (NYSE:FLR) reported fourth-quarter fiscal 2023 revenue growth of 3% year-over-year to $3.82 billion, missing the consensus of $4.11 billion.
Sales by segment: Energy Solutions $1.42 billion (-19.9% Y/Y), Urban Solutions $1.42 billion (+30% Y/Y), Mission Solutions $646 million (+26.9% Y/Y) and Others $332 million (flat Y/Y).
FLR recorded a total segment profit of $85 million, compared to $174 million a year ago. The margin contracted by 247 bps to 2.2%.
The company reported a net loss attributed to the company of $(21) million, down from net earnings of ...