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Fluor Posts Drop in Q1 Awards, Revenue
Fluor still posted $160 million in net earnings, but revenue came in below estimates and full-year EBITDA guidance narrowed as mining costs rose.
Summary by constructiondive.com
3 Articles
3 Articles
Why Fluor Stock Is Dropping After Q1 Earnings Miss and 2026 Guidance Cut
Fluor cut the top end of its 2026 adjusted EBITDA outlook after higher costs on a mining project and a Middle East slowdown. First-quarter adjusted earnings fell to 14 cents a share, missing estimates, while revenue dropped to $3.66 billion. Shares fell 7.6% in premarket trading. New project awards sank to $2.69 billion from $5.81 billion a year earlier. The post Why Fluor Stock Is Dropping After Q1 Earnings Miss and 2026 Guidance Cut appeared f…
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Total News Sources3
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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