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Sep 30, 2021

Fluor Q3 2021 Earnings Report

Fluor's Q3 2021 financial results were announced, with revenue of $3.1 billion and adjusted EPS of $0.23.

Key Takeaways

Fluor Corporation reported Q3 2021 revenue of $3.1 billion and net income from continuing operations of $47 million, or $0.26 per share. Adjusted EPS was $0.23. The company raised its full year adjusted EPS guidance to a range of $0.85 to $1.00 per diluted share.

Revenue for the quarter was $3.1 billion.

Net income from continuing operations was $47 million, or $0.26 per share.

Third quarter new awards were $3 billion.

Ending consolidated backlog was $21 billion.

Total Revenue
$3.1B
Previous year: $3.8B
-18.4%
EPS
$0.23
Previous year: $0.14
+64.3%
Backlog
$21B
Previous year: $27.8B
-24.5%
Gross Profit
$106M
Previous year: $134M
-20.3%
Cash and Equivalents
$2.13B
Previous year: $2B
+6.3%
Free Cash Flow
-$73.9M
Previous year: $58.3M
-226.8%
Total Assets
$7.26B
Previous year: $7.27B
-0.2%

Fluor

Fluor

Forward Guidance

Fluor is raising its full year adjusted EPS guidance from a range of $0.60 to $0.80 per diluted share to a range of $0.85 to $1.00 per diluted share.