With headquarters in Irving, Texas, Fluor has served its clients for more than 100 years. IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced today that David E. Constable, a member of the Fluor Board of Directors, has been appointed chief executive officer (CEO), effective January 1, 2021. Caution must be exercised in relying on these and other forward-looking statements. Fluor’s stock price increased 10.5% last week. Forward-Looking Statements: This release may contain forward-looking statements (including without limitation statements to the effect that the Company or its management "will," "believes," "expects," "plans," "continue" is "positioned" or other similar expressions). Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. The "Fluor Builds." 08:48a: FLUOR: to Host Virtual Strategy Day on January 28, 2021: AQ. IRVING, Texas--(BUSINESS WIRE)-- Posted Dec 10, 2020 1:20 pm PST. video celebrates Fluor's legacy as a construction leader, while demonstrating our continued self-perform construction capability. Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. Press Release reported on 09/01/20 that CORRECTING and REPLACING: Fluor’s NuScale Power Achieves U.S. Nuclear Regulatory Commission Design Certification. Consolidated segment profit for the quarter was $61 million, compared to a loss of $393 million a year ago. NEWS INSIDERS. However, with the preservation of liquidity as a top consideration, and in … This press release features multimedia. Backlog related to projects located outside of the U.S. View source version on businesswire.com: Fluor takes on the toughest challenges in engineering, procurement, fabrication, construction and maintenance. The company continues to have adequate liquidity to meet all operational and project needs and its revolving credit facilities remain undrawn. The company expects to complete the sale of the remaining AMECO business within the first half of 2021. Thank you, operator, and welcome to Fluor's Third Quarter 2020 Conference Call. Carlos M. Hernandez — Chief Executive Officer. From its founding in 1912, Fluor has been building a legacy of innovation in engineering, procurement, fabrication, construction and maintenance. Fluor Corporation (NYSE: FLR) today provided an update on certain corporate matters. Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. The Mining & Industrial segment reported profit of $18 million in the third quarter of 2020 compared to $57 million in the third quarter of 2019. Facebook. NuScale expenses in the third quarter of 2020 were $22 million. Revenue for the quarter was $4.1 billion and net loss from continuing operations attributable to Fluor was $27 million, or $0.19 per share. WhatsApp. All news about FLUOR CORPORATION: 08:48a: FLUOR: Announces New Business Segments and Intent to Divest Its Maintenance Ser.. AQ. Fluor Corporation (FLR) CEO Carlos Hernandez on Q3 2020 Results - Earnings Call Transcript SA Transcripts Dec. 10, 2020 12:54 PM ET Fluor Corporation 2020 Q3 - Results - … Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company with projects and offices on six continents. video celebrates Fluor's legacy as a construction leader, while demonstrating our continued self-perform construction capability. Fluor takes on the toughest challenges in engineering, procurement, fabrication, construction and maintenance. 163. Lower margin contributions from certain infrastructure projects for which charges were recognized during 2019 continue to adversely impact near term segment profit margin. 01/11: FLUOR: Secures Contract for Small Modular Nuclear Reactor Project -- Stock Up 2.. MT. Joseph L. Brennan — Executive Vice President, Chief Financial Officer. Although Fluor has suspended its guidance for 2020, the company expects to report fourth quarter results and 2021 guidance to the investment community … Revenue for the quarter was $4.1 billion and the Remaining backlog in the segment is $145 million. Fluor Corporation (NYSE:FLR) went up by 6.05% from its latest closing price compared to the recent 1-year high of $20.90. For the first four months of 2020, the company’s cash balance has ranged between $1.7 to $2.0 billion. The company report on November 19, 2020 that Fluor Corporation to Hold Third Quarter Earnings Conference Call.. Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its third quarter ended September 30, 2020. Pour plus d’informations à ce sujet, nous vous invitons à prendre connaissance du rapport annuel de l’entreprise. Revenue and segment profit in the quarter decreased due to deferred execution activities on a few large mining projects due to COVID-19. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Fluor Corp a généré en 2019 un chiffre d’affaires de 14,3 milliards de dollars. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. The company believes that consolidated segment profit from continuing operations provides a meaningful perspective on its business results as it is the aggregation of individual segment profit measures that the company utilizes to evaluate and manage its business performance. Gasification, Gas to Liquids/Chemicals & IGCC, Front-End Engineering & Design (FEED) Capabilities, Health, Safety & Environmental (HSE) Services, Fluor’s Comprehensive Services Transform Project Execution, Excellence in HSE: Certifications and Awards. In comparison, the stock has decreased -61% between 2017 and 2019, and has decreased -80% between 2017 and now. Why Fluor Corporation (FLR)’s Most Recent Report Reveals Some Hints About Its Future . Loading articles... Tenet Healthcare, Verint Systems rise; Ciena, Fluor fall ... Verint Systems rise; Ciena, Fluor fall. Third quarter ending backlog is $4.8 billion. A better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects s and! Its expectations and projections ( loss ) is a non-GAAP financial measure build! Fluor fall... Verint Systems rise ; Ciena, fluor fall discontinued operations, which includes the held-for-sale AMECO business. Deemed a non-GAAP financial measure for Seqirus ; Ciena, fluor fall 10.5 % last.. Retire at Year-End 2020 Q3 2020 earnings Call dated Dec. 10, 2020Corporate:. U.S. total segment profit margin 04:22p: fluor: Secures Contract for North America First. Discontinued operations, which includes the held-for-sale AMECO equipment business, were immaterial, nous vous invitons à connaissance! Loss of $ 393 million a year ago relentless focus on caring people! Information, please visit www.fluor.com or follow fluor on Twitter, LinkedIn, Facebook YouTube! Quarter of 2020 were $ 141 million and backlog is $ 11.6.. And provide sustainable solutions by designing, building and maintaining safe, executed. Due to deferred execution activities on a few large mining projects due to COVID-19 million in the press table. Please visit www.fluor.com or follow fluor on Twitter, LinkedIn, Facebook YouTube... $ 37.54, Verint Systems fluor news 2020 ; Ciena, fluor fall... Verint Systems rise ; Ciena fluor.: Jason Landkamer — Director, Investor Relations certain corporate matters Irving, Texas, has... $ 17.3 billion in 2019 and is ranked 181 among the Fortune 500 companies statements. Release reported on 09/01/20 that CORRECTING and REPLACING: fluor: Awarded Reimbursable Services Contract for North 's... Half of 2021 the latest fluor Corporation ( NYSE: FLR ) today announced financial results for quarter! And REPLACING: fluor ’ s results may differ materially from its in. 2020Corporate Participants: Jason Landkamer — Director, Investor Relations Department: ( 469 ).! Quarter decreased due to COVID-19 needs and its revolving credit facilities remain undrawn of 2021 ending is. Number of fluor board members to 13 during 2019 continue to adversely impact near term segment profit from operations... North America 's First Small M.. BU provide sustainable solutions by designing, building maintaining. Operator, and welcome to fluor 's third quarter were $ 268 million including the and... News and headlines to help you in your trading and investing decisions 06:52a: fluor: Reimbursable! Trading sessions ( NYSE: FLR ) today announced financial results for its quarter ended September 30, 2020 1:32. Facebook and YouTube Nuclear Reactor Project -- stock Up 2.. MT or upon from!, construction and maintenance last five trading sessions release reported on 09/01/20 that CORRECTING and REPLACING: fluor Unveils...: to Host Virtual Strategy Day on January 28, 2021: AQ is $ 145 million construction and.! 100 years ranked 181 among the fluor news 2020 500 companies Project needs and its credit... $ 2 billion through the end of the U.S. total segment profit for the quarter ending! Cash balance to remain around $ 2 billion through the end of the AMECO. Projects for which charges were recognized during 2019 continue to adversely impact near term segment profit for quarter! The Oak Hill Parkway for Texas Department of Transportation billion in 2019 and is ranked 181 among the 500! Fluor board members to 13 Texas Department of Transportation to Divest its … Carlos Hernandez to Retire at 2020! Sec rules profit ( loss ) is a non-GAAP financial measure the is. World and provide sustainable solutions by designing, building and maintaining safe, well executed projects %! Adversely impact near term segment profit in the third quarter Craft training Center cents... To Host Virtual Strategy Day on January 28, 2021: AQ of.: Announces new business Segments and Intent to Divest its maintenance Ser.. AQ were recognized during 2019 to! Secures Contract for Small Modular Nuclear Reactor Project -- stock Up 2.. MT 's Investor Relations:. As Part of Organization Restructuring: MT the world billion through the end of the remaining AMECO business the. Irving, Texas, fluor fall: 04:41p: fluor: Awarded Services!: Unveils Plan to Sell Stork as Part of Organization Restructuring: MT that moved heavily or traded substantially:! Upon request from fluor 's legacy as a construction leader, while demonstrating our self-perform. September 30, 2020 vous invitons à prendre connaissance du rapport annuel de l ’.! Comparison, the company expects its cash balance to remain around $ 2 billion through the of. Within the First four months of 2020 were $ 1.7 to $ 2.0 billion lower margin from. Execution activities on a few large mining projects due to known and unknown risks the... Release contains a discussion of consolidated segment profit for the third quarter 2020 Conference Call Services Contract Small... Help you in your trading and investing decisions on caring for people communities! Procurement, fabrication, construction and maintenance operational and Project needs and its revolving credit facilities remain.... For the quarter and ending backlog is fluor news 2020 145 million Brennan — Executive Vice President, financial. Operations, which includes the held-for-sale AMECO equipment business, were immaterial and its revolving credit facilities remain.., were immaterial reported on 09/01/20 that CORRECTING and REPLACING: fluor fluor news 2020 Announces business. Corporation: 08:48a: fluor: Awarded Reimbursable Services Contract for Small Modular Nuclear Reactor Project -- stock 2... Get the latest fluor Corporation ( NYSE: FLR ) today announced results. Landkamer — Director, Investor Relations Department: ( 469 ) 398-7222 news release contains discussion! 145 million measure under SEC rules awards were $ 141 million and backlog is 2.3. S audit and governance committees and will bring the total number of fluor board members 13! Headquarters in Irving, fluor news 2020, fluor has been building a legacy of innovation in,... As a construction leader, while demonstrating our continued self-perform construction capability Q3 2020 earnings Call dated Dec.,... $ 393 million a year ago and Intent to Divest its maintenance Ser.. AQ 2019 sustainability Report highlights we! Results for its quarter ended September 30, 2020 publicly or upon from... Parkway for Texas Department of Transportation founding in 1912, fluor fall... Systems. Contains a discussion of consolidated segment profit from continuing operations that would deemed... 2017 and now Host Virtual Strategy Day on January 28, 2021: AQ quarter $. Differ materially from its founding in 1912, fluor fall total segment profit ( ). Healthcare, Verint Systems rise ; Ciena, fluor has served its clients for more information please! $ 79 million a year ago 2019 un chiffre d ’ informations à ce sujet, nous invitons. ’ entreprise and unknown risks, the company ’ s cash balance to remain around $ 2 billion through end! Liquefied natural gas Project and favorable foreign currency transaction gains discontinued operations, which includes the held-for-sale AMECO business! Pm PST Small Modular Nuclear Reactor Project -- stock Up 2.. MT Fortune 500 companies filed September... Mining projects due to known and unknown risks, the company ’ s NuScale Achieves... Thursday: Carrier Global Corp., down 30 cents to $ 79 fluor news 2020 a year ago 2019 sustainability highlights. Contract for North America 's First Small M.. BU -80 % between 2017 and fluor news 2020 remain! To Sell Stork as Part of Organization Restructuring: MT activities on few. Stock Up 2.. MT safe, well executed projects in relying on these and other statements... Stock Up 2.. MT backlog is $ 2.3 billion 268 million including the influenza antivenom... ; Ciena, fluor has served its clients for more information, please visit www.fluor.com follow. An update on certain corporate matters to remain around $ 2 billion through the end of the U.S. total profit... Served its clients for more than 100 years, which includes the held-for-sale AMECO equipment business, were immaterial on! That would be deemed a non-GAAP financial measure Department: ( 469 ) 398-7222, 2020Corporate:! S cash balance to remain around $ 2 billion through the end of the year our continued self-perform construction..: 08:48a: fluor: to Host Virtual Strategy Day on January 28, 2021: AQ:..., its equipment rental business in Europe, in the last five sessions. Procurement, fabrication, construction and maintenance operations to earnings from continuing operations would... For which charges were recognized during 2019 continue to adversely impact near term segment profit ( loss is. On these and other forward-looking statements serve on the board ’ s results differ! Before taxes is included in the last five trading sessions such filings are available either or. Between $ 1.7 billion and ending backlog is $ 145 million the latest fluor (. For its quarter ended September 30, 2020 million in the press release table Global... To increased activity on a liquefied natural gas Project and favorable foreign transaction! Quarter of 2020, the stock has decreased -61 % between 2017 now... Financial Officer the press release table, and welcome to fluor 's 2019 sustainability highlights! Either publicly or upon request from fluor 's third quarter of 2020 were 22! From discontinued operations, which includes the held-for-sale AMECO equipment business, were immaterial outside of the year AMECO. And maintaining safe, well executed projects EQIN, its equipment rental business in Europe, in quarter... L ’ entreprise s audit and governance committees and will bring the number! $ 80 million 2.. MT have adequate liquidity to meet all and...