Fluor Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Fluor (NYSE:FLR) Full Year 2024 Results

Key Financial Results

• Revenue: US$16.3b (up 5.4% from FY 2023).
• Net income: US$2.15b (up by US$2.06b from FY 2023).
• Profit margin: 13% (up from 0.5% in FY 2023). The increase in margin was primarily driven by lower expenses.
• EPS: US$12.48 (up from US$0.55 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Fluor EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) exceeded analyst estimates significantly.

Looking ahead, revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Construction industry in the US.

Performance of the American Construction industry.

The company's shares are down 17% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Fluor (of which 2 are potentially serious!) you should know about.

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