Fluor Corp. (FLR) Tops Q4 EPS by 5c, Offers Guidance

Fluor Corp. (NYSE: FLR) reported Q4 EPS of $0.31, $0.05 better than the analyst estimate of $0.26. Revenue for the quarter came in at $3.16 billion versus the consensus estimate of $2.79 billion.

GUIDANCE:

Fluor Corp. sees FY2022 EPS of $1.15-$1.40, versus the consensus of $1.01.

• For 2022, Fluor is establishing its initial adjusted EPS guidance at a range of $1.15 to $1.40 per diluted share. Adjusted EPS guidance excludes NuScale related expenses and any impact from foreign currency exchange gains or losses, restructuring or impairments and certain non-recurring or unusual items. Guidance for 2022 assumes increased opportunities for new awards across all segments and continued progress on the company’s cost optimization program.

For earnings history and earnings-related data on Fluor Corp. (FLR) click here.

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