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Jun 30, 2021
Fluor Q2 2021 Earnings Report
Fluor reported mixed results for Q2 2021, impacted by a charge on a legacy infrastructure project and foreign currency effects, but raised its full-year adjusted EPS guidance.
Key Takeaways
Fluor Corporation announced its Q2 2021 financial results, reporting revenue of $3.2 billion and a net loss of $14 million, or $0.08 per common share. The results were impacted by a charge related to a legacy infrastructure project and $49 million in foreign currency effects. Despite these challenges, Fluor raised its full-year adjusted EPS guidance.
Revenue for the quarter was $3.2 billion.
Net loss from continuing operations was $14 million, or $0.08 per common share.
Second quarter new awards were $1.4 billion.
Ending consolidated backlog was $21.1 billion.
Revenue by Segment
Forward Guidance
Fluor is raising its full year adjusted EPS guidance from a range of $0.46 to $0.71 per diluted share to a range of $0.60 to $0.80 per diluted share. Full year adjusted net income guidance is raised from a range of $71 million to $113 million to a range of $94 million to $128 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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