FLR - Why Is Engineering Company Fluor's Stock Falling Today? | Benzinga
Fluor Corp (NYSE:FLR) reported a first-quarter fiscal 2024 revenue decline of 0.5% year-over-year to $3.734 billion, missing the consensus of $3.997 billion.
Sales by segment: Energy Solutions $1.43 billion (-11.2% Y/Y), Urban Solutions $1.48 billion (+22.4% Y/Y), Mission Solutions $601 million (-7.4% Y/Y) and Others $222 million (-21.6% Y/Y).
FLR recorded a total segment profit of $118 million, compared to a loss of $(15) million a year ago. The margin recovered by 3.2% from negative 0.4%.
Adjusted EPS improved to $0.47 from ...