Fluor Corporation (FLR)
NYSE:FLR
Want to see FLR full AI Analyst Report?
Earnings Data
Report Date
Jul 31, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.7Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
Mixed but balanced. The company demonstrated material strategic and financial positives: a materially expanded prospect pipeline (+50% YoY), strong liquidity ($3.2B), significant proceeds and value capture from NuScale monetizations (MOIC ~4.5x), a meaningful operating cash-flow recovery and select commercial wins (FEEDs, SMR, data center LNTP). However, the quarter was weighed down by discrete charges (LOGCAP $96M, mining $37M), a steep YoY decline in adjusted EBITDA and EPS, higher G&A from stock-based items, and geopolitical risks (Middle East/Venezuela) that could affect timing and margin conversion. Management characterizes many issues as discrete or temporary and highlights a path to stronger back-half performance, but near-term earnings were meaningfully impacted.Company Guidance
Large and Growing Prospect Pipeline
Front-end work in-house represents over $60.0 billion of potential revenue with another $40.0 billion of tracked prospects (total ~$100B); prospect pipeline increased ~50% in the past 12 months. Backlog ended at $25.7 billion and was 82% reimbursable.
Strong Q1 New Awards and Reimbursable Mix
Consolidated new awards were $2.7 billion in Q1, 98% reimbursable. New-award margins were ~200 basis points higher than the margin currently reflected in backlog, reflecting project selectivity.
Improved Liquidity and Successful Monetizations
Cash and equivalents ended Q1 at $3.2 billion, up ~$1.0 billion from year-end. NuScale sell-downs generated over $2.4 billion of proceeds since Sept '25 (~$2.0B after tax), with a MOIC ~4.5x and IRR ~15%. Fab yard sale produced a $124 million gain; post-quarter NuScale sale generated an additional $473 million.
Operating Cash Flow Turnaround
Operating cash flow of $110 million in Q1 vs an outflow of $286 million a year ago — an improvement of roughly $396 million; the most substantial Q1 operating cash flow generation since 2017.
Energy Solutions Outperformance and Strategic Awards
Energy Solutions segment profit rose to $74 million from $47 million a year ago (+57%). New awards of $213 million included FEED for the America First refinery and a front-end award with X-energy for a small modular reactor at Dow; pipeline includes LNG Canada Phase 2 and other large prospects.
Data Center and Power Momentum
Signed a limited notice to proceed with TeraWulf for master planning and preconstruction of a large data center campus (480 MW access). Management reports encouraging client engagement in power (domestic gas-fired) and growing momentum in nuclear opportunities.
Capital Returns and Asset-Light Positioning
Repurchased ~11 million shares deploying over $0.5 billion in Q1; plan to repurchase ~$1.4 billion in 2026. Company highlights completion of shift to an asset-light model and active review of targeted M&A to support growth.
FLR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FLR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2026 | $51.08 | $43.31 | -15.21% |
Feb 17, 2026 | $45.48 | $48.57 | +6.79% |
Aug 01, 2025 | $56.77 | $41.42 | -27.04% |
Aug 01, 2025 | $56.77 | $41.42 | -27.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Fluor Corporation (FLR) report earnings?
Fluor Corporation (FLR) is schdueled to report earning on Jul 31, 2026, After Close (Confirmed).
What is Fluor Corporation (FLR) earnings time?
Fluor Corporation (FLR) earnings time is at Jul 31, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FLR EPS forecast?
FLR EPS forecast for the fiscal quarter 2026 (Q2) is 0.7.
