Fluor Corporation Readies for Q4 Earnings: Analyst Insights

Author: Lucas Young Updated: 02-18-2025 02:58 AM

Fluor Corporation Set for Q4 Earnings Announcement

Fluor Corporation (NYSE: FLR) is gearing up to announce its financial results for the fourth quarter, which is anticipated to occur prior to the market opening soon. Investors and analysts alike are keen to see how the company has performed during this period, especially after a year of navigating various market challenges.

Projected Earnings and Revenue Growth

Expectations from analysts suggest that Fluor will report earnings of approximately 77 cents per share. This represents a noteworthy increase from the 68 cents experienced in the same quarter last year. Moreover, Fluor is looking to achieve a substantial revenue increase, projecting around $4.42 billion, up from $3.82 billion a year ago.

Leadership Transition Ahead

In a recent announcement, Fluor also disclosed that Joe Brennan, the Executive Vice President and Chief Financial Officer (CFO), will retire in mid-2025. Such leadership changes can often have implications for a company's strategic direction, and stakeholders will likely keep a close watch on how this transition unfolds.

Market Performance Review

As Fluor prepares for its earnings release, the company’s stock recently experienced a decline of 3.4%, closing at $43.40. This downward shift raises questions about market sentiment surrounding the company and its near-term prospects.

Recent Analyst Ratings

Analysts are continually updating their ratings and price targets based on their insights into Fluor's performance. Here are some of the key updates:

On January 29, 2025, Citigroup's analyst Andrew Kaplowitz kept a Buy rating but adjusted the price target downward from $60 to $59, displaying an accuracy rate of 83% in his recommendations.
Truist Securities' Jamie Cook also maintained a Buy rating, lowering the price target from $66 to $65 as of January 16, 2025, with an accuracy rate of 70%.
Baird's Andrew Wittmann downgraded the stock from Outperform to Neutral, while raising the price target from $54 to $58 on December 18, 2024, achieving an accuracy rate of 76%.
DA Davidson’s Brent Thielman reaffirmed a Buy rating, increasing the price target from $58 to $65 on November 12, 2024, boasting an accuracy rate of 84%.
UBS analyst Steven Fisher maintained a Buy rating, as well, raising the price target from $51 to $63 on October 23, 2024, with a 74% accuracy rate in his analyses.

Investment Considerations for FLR Stock

As the earnings announcement approaches, investors considering FLR stock should weigh the recent analyst updates and market sentiments carefully. The possibility of positive earnings and revenue growth could reflect a beneficial outlook; however, the recent stock performance also plays a critical role in shaping investment decisions.

Frequently Asked Questions

What is Fluor Corporation's ticker symbol?

Fluor Corporation's ticker symbol is FLR, which is listed on the NYSE.

When is Fluor expected to announce its Q4 earnings?

Fluor is expected to release its Q4 financial results prior to the market opening soon.

How have analysts rated Fluor Corporation recently?

Recent ratings have included a mix of Buy and Neutral ratings, with varying price target adjustments by different analysts.

What were Fluor's earnings in the same quarter last year?

In the same quarter last year, Fluor reported earnings of 68 cents per share.

What is the significance of the CFO's retirement announcement?

The retirement announcement of the CFO may impact the company’s strategic direction as they look to fill this key leadership position.

About The Author

Even at just 28 years old, Lucas Young has made a name for himself as a writer and financial expert. Lucas is a gifted communicator of difficult financial ideas and has written a number of well-received books and articles that appeal to both new and experienced investors. The financial world has come to rely on his perceptive analysis and useful counsel. Many people have been enabled to make wise investment decisions by Lucas's commitment to financial literacy and his ability to demystify the complexities of the market. Lucas is still dedicated to advising and teaching people on their financial journeys as he shares his knowledge.

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