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Fluor backs FY24 adjusted EPS view $2.50-$3.00, consensus $2.85

The company said, “The company affirms its adjusted EPS guidance of $2.50 to $3.00 per share and tightens 2024 adjusted EBITDA guidance from $600 to $700 million to $625 to $675 million. Guidance reflects strong execution on the non-legacy portfolio, progress on entitlement negotiations, and considerable opportunities in Urban and Energy Solutions. Adjusted EPS and adjusted EBITDA guidance exclude items similar to those outlined in the reconciliation table at the end of this release.”

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