Fluor Falls After Earnings Miss, Management Warns Backlog Could Reset - Fluor (NYSE:FLR)
Benzinga · Akanksha Bakshi ·
Fluor Earnings miss estimates as management flags a possible $2 billion backlog reduction despite record new awards.
Fluor Corp. (NYSE:FLR) shares traded lower Friday after the company reported third-quarter 2026 results before the market opened.
The company posted adjusted EPS of 77 cents, missing the 80-cent estimate, while revenue of $3.72 billion fell short of the $4.164 billion estimate.
The stock traded lower as investors weighed record new awards, a 21% increase in backlog and reaffirmed 2026 guidance against an adjusted EPS and revenue miss.
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