Fluor Corp. (FLR) Misses Q4 EPS by 8c; Guides FY23
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Fluor Reports Fourth Quarter and Full Year 2022 Results
February 21, 2023 6:50 AM ESTDoubled full year new awards to $19.8 billion; 87% reimbursable Grew prospect pipeline with significant opportunities across all three segments Increased backlog by 25% over last year to $26 billion; 63% reimbursable Improved execution, new awards and high quality of earnings driving initial 2023 adjusted EBITDA guidance of $450 to $600 million1 Strengthened capital structure with year-end cash and marketable securities balance of $2.6 billion; outstanding debt under $1 billion with recent retirement of the 2023 Euro Notes
IRVING, Texas--(BUSINESS... More
