Fluor raises FY23 adjusted EPS view to $2.50-$2.70 from $2.00-$2.30

Consensus $2.15. The company said, “Fluor is increasing its full year adjusted EPS guidance from a range of $2.00 to $2.30 per diluted share to a range of $2.50 to $2.70 per diluted share. The company is also increasing its full year adjusted EBITDA guidance from the previous range of $500 to $600 million to an expectation of approximately $600 million. This revised guidance reflects positive advances on large Energy Solutions projects and continued progress on projects in our legacy portfolio. The company also reaffirms its guidance for 2026.”