Ankündigung • Apr 02
Fluor Corporation to Report Q1, 2026 Results on May 08, 2026 Fluor Corporation announced that they will report Q1, 2026 results Pre-Market on May 08, 2026 Ankündigung • Mar 13
Fluor Corporation, Annual General Meeting, May 06, 2026 Fluor Corporation, Annual General Meeting, May 06, 2026. Ankündigung • Mar 10
Fluor Corporation Appoints Robert G. (Bob) Card to its Board of Directors, Audit Committee, Commercial Strategies and Operational Risk Committee, Effective March 4, 2026 Fluor Corporation announced on March 9, 2026 that Robert G. (Bob) Card, former President and CEO of SNC-Lavalin and a seasoned global engineering and construction executive, has been elected to its Board of Directors effective March 4, 2026. Card will serve on the Board’s Audit Committee and Commercial Strategies and Operational Risk Committee. Card’s appointment brings the total number of Fluor Board members to 12 of whom 10 are independent. With more than three decades of top-level management experience across public and private sectors, he contributes broad industry, operational and government expertise. Card previously served as President and CEO of SNC-Lavalin from 2012 to 2015 and held senior leadership roles at CH2M (formerly CH2M Hill), including President of its Energy, Water & Facilities Divisions. Earlier in his career, he served as Under Secretary of Energy at the U.S. Department of Energy from 2001 to 2004, overseeing major national programs in energy, science, environment, and nuclear waste management. Beyond these roles, Card also brings substantial large-scale program and international experience. He led CH2M’s Transportation, Nuclear, Environmental, Government and International divisions; served as the deputy program manager for the successful $15 billion London 2012 Olympics; and managed the decommissioning of the Rocky Flats Nuclear Weapons Plant. He has been recognized with national honors, including the Energy Secretary’s Gold Award. Card has served on multiple industry boards, including Westinghouse Electric, AECOM, Ardurra, AMEC Foster Wheeler and Longenecker & Associates, providing governance leadership across the engineering, construction, nuclear and energy sectors. His background provides Fluor’s Board with a seasoned perspective on industry dynamics, operational risk management and government-related initiatives. Ankündigung • Mar 09
Fluor Corporation Announces Executive Changes Fluor Corporation announced that David E. Constable, Executive Chairman, will step down from the Board of Directors following the Annual Shareholders Meeting on May 6, 2026. James T. (Jim) Hackett, the company’s Lead Independent Director, will assume the role of Chairman of the Board on May 5, 2026. Constable’s connection to Fluor spans 44 years. He began his career with the company in 1982, advancing through a series of global leadership roles that shaped Fluor’s operational and commercial capabilities. After joining the Fluor Board in 2019, he chaired the Commercial Strategies and Operational Risk Committee, later becoming Chief Executive Officer (CEO) in 2021 and Chairman of the Board in 2022. He stepped down as CEO and transitioned into the role of Executive Chairman in 2025. His tenure is credited with reinforcing the financial foundation of the company and restoring confidence among clients, employees, partners and shareholders. Constable also brought external executive experience to the Board. He served as CEO and Executive Director of Sasol from 2011 to 2016 and has held board positions with Anadarko and Rio Tinto, while continuing to serve as a board member at ABB, contributing a broad perspective on global industrial and energy markets. Hackett brings extensive governance experience and a deep knowledge of global markets. He has served as Director on Fluor’s Board since 2016, with former Board service from 2001 to 2015, and was appointed Lead Independent Director in 2025 as part of the Board’s commitment to strong independent oversight. His background includes senior leadership roles across the energy industry and prior service as Chairman of the Federal Reserve Bank of Dallas. He currently sits on the boards of Enterprise Products Holdings, LLC and SLB (formerly Schlumberger Limited). Reported Earnings • Feb 18
Full year 2025 earnings released: US$0.31 loss per share (vs US$12.47 profit in FY 2024) Full year 2025 results: US$0.31 loss per share (down from US$12.47 profit in FY 2024). Revenue: US$15.5b (down 5.0% from FY 2024). Net loss: US$51.0m (down 102% from profit in FY 2024). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Global Construction industry. Ankündigung • Feb 06
Fluor Corporation Announces Appointment of James P. Elliott as Chief Accounting Officer, Effective February 4, 2026 Fluor Corporation announced that on February 3, 2026, the Board of Directors appointed Mr. James P. Elliott to serve as the Corporation’s Chief Accounting Officer, effective February 4, 2026. Mr. Elliott, age 47, currently serves as Corporate Controller of the Corporation, which position he has held since 2025. He was previously Director, Technical Accounting and Internal Reporting from 2019 to 2025. Mr. Elliott does not have any family relationships with any director or executive officer of the Corporation, and there are no arrangements or undertakings with any person pursuant to which he was selected as an officer of the Corporation. In addition, no transactions involving Mr. Elliott have occurred or are currently contemplated that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934. Ankündigung • Jan 02
Fluor Corporation to Report Q4, 2025 Results on Feb 17, 2026 Fluor Corporation announced that they will report Q4, 2025 results Pre-Market on Feb 17, 2026 Reported Earnings • Nov 08
Third quarter 2025 earnings released: US$4.30 loss per share (vs US$0.32 profit in 3Q 2024) Third quarter 2025 results: US$4.30 loss per share (down from US$0.32 profit in 3Q 2024). Revenue: US$3.37b (down 18% from 3Q 2024). Net loss: US$697.0m (down US$751.0m from profit in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Global Construction industry. Buy Or Sell Opportunity • Oct 23
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at Mex$913. The fair value is estimated to be Mex$746, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are forecast to decline by 67% per annum over the same time period. Ankündigung • Oct 22
Fluor Corporation Announces Executive Leadership Changes On October 17, 2025, Mr. Mark E. Fields, Group President, Project Execution of Fluor Corporation (the “Corporation”), notified the Corporation that he intends to retire in 2026. As part of a succession planning transition process, the Board of Directors (the “Board”) of the Corporation appointed Mr. Fields to the role Group President, Strategic Projects, effective November 1, 2025. Mr. Michael E. Alexander, the Corporation’s current Business Group President, Energy Solutions, will move into the role of Group President, Project Execution, effective November 1, 2025. Mr. Pierre Bechelany, the Corporation’s current President, LNG & Power, will move into the role of Business Group President, Energy Solutions, effective November 1, 2025. Ankündigung • Oct 21
Starboard Value Intends Push Fluor to Boost the Share Value On October 20, 2025, Starboard Value has acquired a nearly 5% interest in Fluor and intends to push for ways to boost the company's shares, Ankündigung • Oct 02
Fluor Corporation to Report Q3, 2025 Results on Nov 07, 2025 Fluor Corporation announced that they will report Q3, 2025 results Pre-Market on Nov 07, 2025 Ankündigung • Sep 17
Gainey Mckenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Fluor Corporation Fluor Corporation announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of Texas on behalf of all persons or entities who purchased or otherwise acquired Fluor Corporation securities between February 18, 2025 and July 31, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) costs associated with the Gordie Howe, I-635/LBJ, and I-35 projects were growing because of, inter alia, subcontractor design errors, price increases, and scheduling delays; (ii) the foregoing, as well as customer reduction in capital spending and client hesitation around economic uncertainty, was having, or was likely to have, a significant negative impact on the Company’s business and financial results; (iii) accordingly, Fluor’s financial guidance for Fiscal Year 2025 was unreliable and/or unrealistic, the effectiveness of the Company’s risk mitigation strategy was overstated, and the impact of economic uncertainty on the Company’s business and financial results was understated; and (iv) as a result, Defendants’ public statements were materially false and misleading at all relevant times. Investors who purchased or otherwise acquired shares of Fluor should contact the Firm prior to the November 14, 2025 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Ankündigung • Jul 02
Fluor Corporation to Report Q2, 2025 Results on Aug 01, 2025 Fluor Corporation announced that they will report Q2, 2025 results at 9:29 AM, US Eastern Standard Time on Aug 01, 2025 Ankündigung • May 02
Fluor Corporation Elects James R. Breuer to the Board Fluor Corporation at its annual meeting of stockholders held on April 30, 2025 elected James R. Breuer to the Board to serve until the 2026 annual meeting of stockholders and until their successors are duly elected and qualified. Ankündigung • Apr 04
Fluor Corporation to Report Q1, 2025 Results on May 02, 2025 Fluor Corporation announced that they will report Q1, 2025 results Pre-Market on May 02, 2025 Ankündigung • Mar 31
Fluor Corporation Announces Chief Human Resources Officer Changes, Effective April 7, 2025 Fluor Corporation announced that Tracey Cook has been named Chief Human Resources Officer (CHRO), effective April 7, 2025, succeeding Stacy Dillow, who is leaving Fluor to pursue a new opportunity. Cook, currently Senior Vice President of Human Resources, has been with Fluor for 35 years and has held several senior leadership positions in Finance, as President of Fluor’s former equipment subsidiary, AMECO, and most recently, in Human Resources. Ankündigung • Mar 14
Fluor Corporation, Annual General Meeting, Apr 30, 2025 Fluor Corporation, Annual General Meeting, Apr 30, 2025. Ankündigung • Feb 18
Fluor Corporation Announces CEO Changes Fluor Corporation announced that its Board of Directors has appointed Chief Operating Officer (COO), Jim Breuer, as Chief Executive Officer (CEO), effective May 1, 2025. David E. Constable, Fluor’s current Chairman and CEO, will transition into the role of Executive Chairman on the same date, ensuring continuity of leadership and strategic direction of the company. Breuer has held the role of COO since 2024, driving a more holistic approach to Fluor’s markets, talent deployment and project delivery excellence. Prior to his COO role, he held several executive leadership positions including Group President of Energy Solutions. His engineering, procurement and construction experience spans four continents in the energy, chemicals, mining and metals, and power sectors. In his 31 years at Fluor, Breuer has held a variety of executive and project roles, including spending half of his career on assignments outside of the United States. Ankündigung • Feb 06
Fluor Corporation Elects Charles P. Blankenship Jr. to its Board of Directors and Audit Committee and Commercial Strategies and Operational Risk Committee, Effective March 1, 2025 Fluor Corporation announced that Charles (Chip) P. Blankenship Jr., Chairman and Chief Executive Officer (CEO) of Woodward Inc., has been elected to its Board of Directors effective March 1, 2025. Blankenship will serve on the Board's Audit Committee and the Commercial Strategies and Operational Risk Committee, bringing the total number of Fluor Board members to 11, of whom 10 are independent. Prior to becoming Woodward’s CEO in May 2022, Blankenship’s leadership roles included serving as CEO of Arconic, an aerospace advanced alloys and components company, and a 24-year career at General Electric (GE). While at GE, he held significant leadership roles in aviation, energy and appliances, including CEO of GE Appliances and Vice President and General Manager of Commercial Aircraft Engines. He was also General Manager of GE’s Aero Energy. Blankenship serves on the Board of Directors of the National Association of Manufacturers and the Board of Governors of the Aerospace Industries Association. He is a member of the National Academy of Engineering and served as the Montgomery Distinguished Professor of Practice at the University of Virginia (UVA) School of Engineering and Applied Sciences. Blankenship holds a Ph.D. in materials science and engineering from UVA and a bachelor’s degree from Virginia Polytechnic Institute and State University. Ankündigung • Jan 06
Fluor Corporation to Report Q4, 2024 Results on Feb 18, 2025 Fluor Corporation announced that they will report Q4, 2024 results Pre-Market on Feb 18, 2025 Ankündigung • Dec 04
Fluor Corporation Announces Chief Financial Officer Changes Fluor Corporation announced that after more than three decades of service,Chief Financial Officer, Joe Brennan, will retire effective July 1, 2025. Fluor’s Board of Directors has appointed John Regan as his successor, effective March 1, 2025. Regan currently serves as Fluor’s Executive Vice President and Chief Accounting Officer. He brings more than three decades of financial and industry expertise, as well as extensive experience managing public company financial planning, reporting and operations. Prior to joining Fluor, Regan served as CFO of Alta Mesa and CFO of Vine Oil & Gas LP. Regan is a Certified Public Accountant, licensed in Texas, and began his career at PricewaterhouseCoopers. Ankündigung • Dec 03
Fluor Corporation Announces Retirement of Joe Brennan as Executive Vice President, Effective July 1, 2025 Fluor Corporation announced that after more than three decades of service, Executive Vice President, Joe Brennan, will retire effective July 1, 2025. Fluor’s Board of Directors has appointed John Regan as his successor, effective March 1, 2025. Regan currently serves as Fluor’s Executive Vice President and Chief Accounting Officer. He brings more than three decades of financial and industry expertise, as well as extensive experience managing public company financial planning, reporting and operations. Prior to joining Fluor, Regan served as CFO of Alta Mesa and CFO of Vine Oil & Gas LP. Regan is a Certified Public Accountant, licensed in Texas, and began his career at PricewaterhouseCoopers. Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: US$0.32 (vs US$1.17 in 3Q 2023) Third quarter 2024 results: EPS: US$0.32 (down from US$1.17 in 3Q 2023). Revenue: US$4.09b (up 3.3% from 3Q 2023). Net income: US$54.0m (down 68% from 3Q 2023). Profit margin: 1.3% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Global Construction industry. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Board Change • Oct 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Lisa Glatch was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Oct 01
Fluor Corporation to Report Q3, 2024 Results on Nov 08, 2024 Fluor Corporation announced that they will report Q3, 2024 results Pre-Market on Nov 08, 2024 Board Change • Aug 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. Independent Director Lisa Glatch was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 05
Fluor Corporation Announces Leadership Changes Fluor Corporation announced the appointment of a new Chief Operating Officer (COO) and Chief Legal Officer (CLO), effective August 5, 2024. Jim Breuer has been appointed to the newly created position of COO. In this capacity, Breuer will drive a more holistic view of Fluor’s markets, strengths and needs in project delivery and talent allocation across the company’s three business segments – Energy Solutions, Mission Solutions and Urban Solutions. Kevin Hammonds has been appointed CLO, succeeding John Reynolds, who will retire from the company after nearly 40 years of service. Reynolds will remain as Corporate Secretary to Fluor’s Board of Directors until May 2025. Ankündigung • Jul 04
Fluor Corporation to Report Q2, 2024 Results on Aug 02, 2024 Fluor Corporation announced that they will report Q2, 2024 results Pre-Market on Aug 02, 2024 Ankündigung • May 18
Fluor-Led Joint Venture with Austin Bridge & Road – Lone Star Constructors Breaks Ground on Phase 1 of I-35 NEX South Project in San Antonio Fluor Corporation announced that its joint venture with Austin Bridge & Road – Lone Star Constructors, NEX – has broken ground on Phase 1 of the Interstate 35 (I-35) Northeast Expansion (NEX) South project in San Antonio, Texas, for the Texas Department of Transportation (TxDOT). Fluor was awarded the $700 million design-build project in the second quarter of 2023. The I-35 corridor is one of the most traveled interstates in Texas and serves more than 150,000 vehicles per day. Phase 1 of the I-35 NEX South project includes the addition of three elevated lanes, including two mainlanes and one high-occupancy vehicle lane in each direction, from the I-35/I-410 South interchange to the I-35/I-410 North interchange along I-35. Substantial completion is anticipated in early 2028. Ankündigung • Apr 04
Fluor Announces First Gold from Gold Fields’ Salares Norte Mining Project in Chile Fluor Corporation’s Mining & Metals business announced that first gold has been achieved at Gold Fields’ Salares Norte mining project in Chile. Salares Norte is a high-grade gold-silver, open-pit deposit in the Atacama region of northern Chile at an altitude of between 12,750-15,400 feet (3,900-4,700 meters) above sea level. Fluor is responsible for the engineering, procurement and construction management of the project. Construction and pre-commissioning are scheduled to be completed in April. Once fully operational, approximately 350,000 ounces of gold are expected to be mined annually through the life of the mine. Ankündigung • Apr 03
Fluor Corporation to Report Q1, 2024 Results on May 03, 2024 Fluor Corporation announced that they will report Q1, 2024 results on May 03, 2024 Ankündigung • Mar 14
Fluor Corporation, Annual General Meeting, May 01, 2024 Fluor Corporation, Annual General Meeting, May 01, 2024, at 08:30 Central Daylight. Agenda: To consider The election of the ten directors named in the proxy statement to serve until the 2025 annual meeting of stockholders; to consider an advisory vote to approve the Company’s executive compensation; to consider the ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for 2024; and to consider such other matters as may be properly presented at the meeting. Ankündigung • Jan 24
Fluor Corporation to Report Q4, 2023 Results on Feb 20, 2024 Fluor Corporation announced that they will report Q4, 2023 results Pre-Market on Feb 20, 2024 Ankündigung • Jan 17
Fluor Corporation Elects Lisa Glatch to its Board of Directors Fluor Corporation announced that Lisa Glatch, a former executive at Sempra Energy, was elected to its Board of Directors effective January 15, 2024. Glatch will serve on the Board’s Audit Committee and the Commercial Strategies and Operational Risk Committee, bringing the total number of Fluor Board members to ten, nine of whom are independent. With more than 35 years of experience, Glatch joined Sempra Energy in 2018 as Strategic Initiatives Officer before being named President and Chief Operating Officer of Sempra LNG in 2019. She served as President, LNG and Net Zero Solutions of Sempra Infrastructure from 2021 until her retirement in 2022. Before joining Sempra, Glatch held several senior executive positions in business development, operations and project management at CH2M (formerly CH2M Hill), Jacobs and Fluor. Her experience spans the public and private sectors in the energy, chemicals, environmental, mining, water and transportation industries. Glatch also serves as a non-executive director on the boards of Xylem, a global water technology provider, and Hess, a global independent energy company. Glatch graduated from the University of Colorado, Boulder, with a bachelor’s degree in chemical engineering. She completed advanced management programs at the University of Pennsylvania and Stanford University. Ankündigung • Oct 06
Fluor Corporation to Report Q3, 2023 Results on Nov 03, 2023 Fluor Corporation announced that they will report Q3, 2023 results Pre-Market on Nov 03, 2023 Ankündigung • Sep 08
Fluor Corporation Enters into A Settlement Agreement with the U.S. Securities and Exchange Commission Fluor Corporation announced that the Company has entered into a settlement agreement with the U.S. Securities and Exchange Commission (SEC) resolving the previously disclosed SEC investigation of the Company. As reflected in the administrative Order (Order) filed by the SEC on September 6, 2023, the investigation pertained to the Company’s accounting on two lump sum engineering, procurement and construction contracts. The Company settles the matter neither admitting nor denying the SEC’s findings in the Order. In connection with the settlement, the Company has agreed to pay a civil penalty of $14.5 million. The Company established reserves sufficient to fund the settlement during 2022 and expects no material earnings effect during 2023. The SEC’s investigation concerned two projects that are now largely completed and involved historical transactions that the Company restated in September 2020. As noted in the Order, the Company fully cooperated with the SEC in its investigation and has undertaken remedial steps. The SEC settlement follows the previous announcement that the U.S. Department of Justice had ended its investigation into the Company. Ankündigung • Sep 07
Bilfinger SE (XTRA:GBF) agreed to acquire Stork business in Belgium, Germany, Netherlands and turbo blading manufacturing in US from Fluor Corporation (NYSE:FLR). Bilfinger SE (XTRA:GBF) agreed to acquire Stork business in Belgium, Germany, Netherlands and turbo blading manufacturing in US from Fluor Corporation (NYSE:FLR) on September 7, 2023. This transaction is subject to consultations with and advice from the representative body of the applicable works councils, consultations with the trade unions and receipt of regulatory clearances along with other customary conditions and, subject to these conditions, is expected to be completed in the first half of 2024. Lazard is the financial advisor to Fluor Corporation (NYSE:FLR) on this transaction. Ankündigung • Jul 21
Fluor Corporation Reaches Significant Milestone on Lng Canada Project Fluor Corporation announced that it has completed the module fabrication program on the LNG Canada project in Kitimat, British Columbia, Canada. This significant milestone marks the completion of a critical phase in the construction of a large terminal for the liquefication, storage and loading of liquified natural gas (LNG) for export to global markets. Fluor, along with its joint venture partner JGC Corporation, is delivering multiple aspects of the LNG Canada project, including engineering, procurement, fabrication and delivery of modules, and construction of the project's infrastructure and utilities, marine structures and LNG storage tank. The first major module, measuring 145 feet tall and weighing more than 5,000 tons was received in March 2022. Overall, a total of 215 modules of varying sizes have been received and are being set at the project site. The final module arrived on July 18, 2023. Ankündigung • Jul 12
Fluor Corporation to Report Q2, 2023 Results on Aug 04, 2023 Fluor Corporation announced that they will report Q2, 2023 results Pre-Market on Aug 04, 2023 Recent Insider Transactions • Mar 08
Insider recently sold Mex$2.7m worth of stock On the 3rd of March, James Breuer sold around 4k shares on-market at roughly Mex$681 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought Mex$39m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to Mex$657, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Construction industry globally. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Mex$428 per share. Ankündigung • Jan 13
Fluor Corporation to Report Q4, 2022 Results on Feb 21, 2023 Fluor Corporation announced that they will report Q4, 2022 results Pre-Market on Feb 21, 2023 Recent Insider Transactions • May 14
Independent Director recently bought Mex$21m worth of stock On the 11th of May, James Hackett bought around 40k shares on-market at roughly Mex$518 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought Mex$20m more in shares than they have sold in the last 12 months. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: US$0.27 (vs US$0.43 loss in 1Q 2021) First quarter 2022 results: EPS: US$0.27 (up from US$0.43 loss in 1Q 2021). Revenue: US$3.12b (up 6.2% from 1Q 2021). Net income: US$38.0m (up US$99.0m from 1Q 2021). Profit margin: 1.2% (up from net loss in 1Q 2021). Over the next year, revenue is forecast to grow 15%, compared to a 15% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • May 05
High number of new directors Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. Board Change • Mar 23
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 08
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: US$1.46 loss per share (up from US$2.09 loss in FY 2020). Revenue: US$12.4b (down 21% from FY 2020). Net loss: US$181.7m (loss narrowed 38% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 12% growth forecast for the industry in Mexico. Board Change • Feb 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS US$0.26 (vs US$0.14 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$3.10b (down 18% from 3Q 2020). Net income: US$37.0m (up 93% from 3Q 2020). Profit margin: 1.2% (up from 0.5% in 3Q 2020). Board Change • Oct 11
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 13
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 08
Second quarter 2021 earnings released: US$0.082 loss per share (vs US$0.11 loss in 2Q 2020) The company reported a mediocre second quarter result with weaker revenues, although its control over expenses remained stable and losses reduced. Second quarter 2021 results: Revenue: US$3.24b (down 13% from 2Q 2020). Net loss: US$11.5m (loss narrowed 23% from 2Q 2020). Board Change • Jul 29
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director H. Eberhart was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 12
First quarter 2021 earnings released: US$0.43 loss per share (vs US$0.15 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$2.94b (down 21% from 1Q 2020). Net loss: US$61.0m (down 382% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.