fluor q1 2020 earnings

Create your Watchlist to save your favorite quotes on Nasdaq.com. Fluor draws on expertise from across the entire project scope, including engineering, procurement, fabrication, construction and maintenance to reduce risks, compress schedules, increase quality and lower costs. Good morning, and welcome to the Fluor Corporation’s 3Q 2020 Earnings Conference Call. VMware, Inc. Q4 2018 Earnings Conference Mar 01, 2018 • 05:00 pm ET. Dec 8, 2020. New awards for the first quarter were $4.2 billion and ending backlog was $31.4 billion. Fluor Corp Q3 2020 Earnings Call Transcript yahoo. Jacqueline and Kimberly discuss their hands-on instrumentation training at the Fluor Craft Training Center. Fluor eps - earnings per share from 2006 to 2020. Fluor expects to file Q1 2020 results within the next month, followed approximately four weeks later by Q2 2020 results with Q3 2020 results approximately four weeks after that. The company will hold its next call with the investment community in conjunction with the release of its Q3 results. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube. Will Tesla Do Another Stock Split in 2021? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. SUMMARY FINANCIALS AND U.S. GAAP RECONCILIATION OF CONSOLIDATED SEGMENT PROFIT, Total segment profit (loss) $ and margin %(1), Impairment, restructuring and other exit costs, Earnings (loss) attributable to NCI from continuing operations, Earnings (loss) from continuing operations before taxes, Net earnings (loss) from continuing operations. You got the $18 million from the Jamaica piece, which was obviously a small piece. -Analysts projected $0.26 per share From its founding in 1912, Fluor has been building a legacy of innovation in engineering, procurement, fabrication, construction and maintenance. SZLS STAGEZERO LIFE SCIENCES LTD Q3 2020 Earnings Call. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. The Other segment, which is comprised of NuScale and the Radford and Warren government projects, reported a loss of $22 million in the first quarter of 2020 compared to a loss of $26 million in the first quarter of 2019. The Government segment reported a segment profit of $31 million in the first quarter of 2020 compared to $38 million in the first quarter of 2019. Fluor Corporation (NYSE: FLR) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on Benzinga. DA Davidson reiterated a “neutral” rating on shares of Fluor Co. … Consolidated segment profit for the quarter was $52 million, up from $39 million a year ago. Fluor's 2019 Sustainability Report highlights how we are making a lasting impact on the world. Revenue for the quarter was $3.8 billion and net earnings … Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. Results include $9 million for change in project positions due to COVID-19 schedule delays. Dec 8, 2020. We believe that total segment profit (loss) provides a meaningful perspective on our business results as it is the aggregation of individual segment profit (loss) measures that we use to evaluate and manage our business performance. Fluor Reports Third Quarter 2020 Results mardi, 8 décembre 2020 fool. Segment profit is calculated as revenue less cost of revenue and earnings attributable to noncontrolling interests excluding: corporate general and administrative expense; impairment, restructuring and other exit costs; interest expense; interest income; domestic and foreign income taxes; other non-operating income and expense items; and earnings from discontinued operations. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges. Page 1 ; Next page ›› Subscribe to Earnings Conference Call Annual Report & Proxy. New awards of $7.3 million in the first quarter reflect the company’s disciplined bidding protocols. Dec 8, 2020. The Company disclaims any intent or obligation other than as required by law to update its forward-looking statements in light of new information or future events. KeyCorp analyst S. Eastman now expects that the construction company will post earnings of $0.26 per share for the quarter, down from […] Revenue for the quarter was $4.1 billion and the net loss from continuing operations was $171 million or $1.22 per diluted share. VMware, Inc. Q3 2019 Earnings Conference Nov 29, 2018 • 05:00 pm ET. VMware, Inc. Q2 2019 Earnings Conference Aug 23, 2018 • 05:00 pm ET. Fluor's Q1, 2020, 2021 Full Year Earnings Estimates Raised 11:45AM ET 10/18/2020 MT Newswires. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. NuScale expenses in the first quarter of 2020 were $23 million. Summit Materials Inc (SUM) Q1 2020 Earnings Call Transcript Why Fluor, Cemex, and Summit Materials Stocks Popped 15% (and More) Today Summit Materials Inc (SUM) Q4 2019 Earnings … Do the numbers hold clues to what lies ahead for the stock? The Energy & Chemicals segment reported a segment loss of $6 million in the first quarter of 2020 compared to a profit of $12 million in the first quarter of 2019. Eps - earnings per share can be defined as a company's net earnings or losses attributable to common shareholders per diluted share base, which includes all convertible securities and debt, options and warrants. jeudi, 19 novembre 2020 yahoo. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. New awards related to projects located outside of the U.S. Backlog related to projects located outside of the U.S. Total segment profit (loss) is a non-GAAP financial measure. The construction company … Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Corporate Participants: Jason ... the effects of COVID and normal project adjustments were reflected in Q1 because of our delayed reporting schedule this year. Summary of Non-Cash Impairments and Charges, $169 million goodwill in Diversified Services, $86 million equity method investments in Energy & Chemicals segment, $27 million intangible customer relationships in Diversified Services segment, $16 million impairment of information technology assets, Established reserve on receivables and contract assets for certain joint venture clients in Mexico impacted by declining oil prices in the Energy & Chemicals segment, Impairment of assets held-for-sale, $12 million of which relates to goodwill write down, “As we previously disclosed, these impairments reflect the unprecedented impact of COVID-19 and related pressure on commodity prices,” said Carlos Hernandez, Fluor chief executive officer. BF.A Brown Forman Corporation Q2 2021 10:00 am KLXE KLX Energy Services Holdings Inc Q3 2020. Fluor Corp Q3 2020 earnings call dated Dec. 10, 2020. The web replay will be available for 30 days. DECEMBER 10, 2020 / 1:30PM, FLR.N - Q3 2020 Fluor Corp Earnings Call And I think in the past, you guys have quantified something like $200-plus million of proceeds from AMECO. You're in Line for an Extra $1,100 Stimulus Check, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? Due to the impact of COVID-19 and the steep decline in oil prices on the AMECO business during the first quarter of 2020, the company recognized an impairment charge of $100 million, of which $12 million was related to goodwill, to write down the AMECO assets held for sale to fair value less cost to sell. Consolidated continuing operations for the first quarter of 2020 included non-cash impairments and charges of approximately $353 million to reflect the impact of weak commodity prices and COVID-19. Revenue was $3.94 billion. It operates through the following four segments: Energy & Chemicals, Mining, Industrial, Infrastructure &; Power, Diversified Services and Government. Based on management's projections, Fluor analysts model for earnings of $0.27 per share on sales of $3.92 billion. Fluor Corp Says On July 7, Entered Into Amendment No. Government is now included as continuing operations in all financial results. “Project adjustments during the quarter were primarily related to COVID-19. Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company with projects and offices on six continents. Fluor Corporation (FLR) CEO Carlos Hernandez on Q3 2020 Results - Earnings Call Transcript Dec. 10, 2020 Fluor Corporation 2019 Q4 - Results - Earnings Call Presentation Actual results may differ materially as a result of a number of factors, including, among other things, the severity and duration of the COVID-19 pandemic and actions by governments, businesses and individuals in response to the pandemic, including the duration and severity of economic disruptions;the cyclical nature of many of the markets the Company serves, including the Company’s Energy & Chemicals segment; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; failure to remediate material weaknesses in our internal controls over financial reporting or the failure to maintain an effective system of internal controls; failure to prepare and timely file our periodic reports; the restatement of certain of our previously issued consolidated financial statements; intense competition in the industries in which we operate; failure to obtain favorable results in existing or future litigation and regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure of our joint venture or other partners, suppliers or subcontractors to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, pandemics, public health crises, political crises or other catastrophic events; the use of estimates and assumptions in preparing our financial statements; client delays or defaults in making payments; the failure of our suppliers, subcontractors and other third parties to adequately perform services under our contracts; risks related to our indebtedness; the availability of credit and restrictions imposed by credit facilities, both for the Company and our clients, suppliers, subcontractors or other partners; possible limitations on bonding or letter of credit capacity; failure to successfully implement our strategic and operational initiatives; risks or uncertainties associated with acquisitions, dispositions and investments; risks arising from the inability to successfully integrate acquired businesses; uncertainties, restrictions and regulations impacting our government contracts; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions or inability to protect intellectual property; the Company’s failure, or the failure of our agents or partners, to comply with laws; the Company's ability to secure appropriate insurance; new or changing legal requirements, including those relating to climate change and environmental, health and safety matters; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; damage to our reputation; failure to adequately protect intellectual property rights; asset impairments; and restrictions on possible transactions imposed by our charter documents, Delaware law and our stockholder rights agreement. (RTTNews) - Below are the earnings highlights for Fluor Corp. (FLR):-Earnings: -$171 million in Q1 vs. -$44.2 million in the same period last year. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Results from discontinued operations, which includes the held-for-sale AMECO equipment business, were a loss of $95 million in the first quarter of 2020 or a loss of $0.68 per share. Revenue for the quarter was $3.8 billion and net earnings from continuing operations attributable to Fluor was $19 million, or $0.14 per share. New awards of $1.6 billion included a large metals project in North America. -Revenue: $4.12 billion in Q1 vs. $4.13 billion in the same period last year. -EPS: -$1.22 in Q1 vs. -$0.42 in the same period last year. Fluor Up 29.9% Since Last Earnings Report: Can It Continue? (RTTNews) - Below are the earnings highlights for Fluor Corp. (FLR): -Earnings: -$171 million in Q1 vs. -$44.2 million in the same period last year. Dec 8, 2020… nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? SZLS STAGEZERO LIFE SCIENCES LTD Q3 2020 Earnings Call 10:00 am BF.A Brown Forman Corporation Q2 2021. The Diversified Services segment reported a segment profit of $5 million in the first quarter of 2020 compared to $9 million in the first quarter of 2019. Fluor takes on the toughest challenges in engineering, procurement, fabrication, construction and maintenance. @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Corporate G&A for the quarter was a benefit of $14 million due to a $44 million foreign currency gain in the quarter. VMware, Inc. Q1 2020 Earnings Conference May 30, 2019 • 04:30 pm ET. Read more about Q4 2017 Fluor Corporation Earnings Conference Call; Pagination. This Fintech Stock Is Ready to Break Out in 2021, Had a Baby in 2020? Caution must be exercised in relying on these and other forward-looking statements. Enter up to 25 symbols separated by spaces. Fluor Co. (NEW) (NYSE:FLR) – Analysts at KeyCorp lowered their Q1 2020 earnings per share (EPS) estimates for shares of Fluor Co. (NEW) in a note issued to investors on Monday, April 27th. New awards of $1.5 billion included an EPC contract for the Canada Kuwait Petrochemical Corporation propane dehydrogenation facility. New awards of $357 million in the quarter include a framework agreement awarded to a Stork joint venture for Neptune Energy’s Dutch assets in the North Sea. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. 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, https://www.businesswire.com/news/home/20201022005202/en/. View source version on businesswire.com: Fluor EPS in the same period a year ago totaled $0.7. Remaining backlog in the segment is $209 million. Results for the segment also benefited from favorable FX. Read more about Q1 2018 Fluor Corporation Earnings Conference Call; Q4 2017 Fluor Corporation Earnings Conference Call . Uber Technologies, Inc. Q4 2019 Earnings Conference - Final Transcript Feb 06, 2020 • 04:30 pm ET. The Mining & Industrial segment reported a segment profit of $39 million in the first quarter of 2020 compared to a profit of $28 million in the first quarter of 2019. Business Segments. KLXE KLX Energy Services Holdings Inc Q3 2020 10:00 am AZO Autozone Inc Q1 2021. The company will hold its next call with the investment community in conjunction with the release of its third quarter results. EARNINGS SUMMARY: Details of Fluor Corp. Q1 Earnings Report, Cannabis Stocks May Be 2021’s Big Winners, The Second Coup, And What Needs To Be Done Now, Investing Strategies: Sunrun CFO On Solar Growth, VanEck CEO On Bitcoin Boom, Accenture On CES Themes, UBS Wealth's Sherry Paul: What to Watch in Markets This Year, #TradeTalks: Nasdaq led all exchanges in total volume traded for equity options in 2020. Consolidated segment profit for the quarter was $129 million compared to $79 million a year ago. 469.398.7222 tel. Fluor last issued its earnings data on December 10th, 2020. Risk Factors" in the Company's Form 10-K filed on September 25, 2020. KeyCorp also issued estimates for Fluor Co. (NEW)’s Q1 2020 earnings at $0.27 EPS, Q2 2020 earnings at $0.34 EPS, Q3 2020 earnings at $0.42 EPS, Q4 2020 earnings at $0.47 EPS, FY2020 earnings at $1.50 EPS and FY2021 earnings at $2.03 EPS. ET. Fluor Corp. is a holding company, which engages in providing engineering, procurement, construction, fabrication and modularization, operations, maintenance and asset integrity, as well as project management services, on a global basis. Revenue for the quarter was $4.1 billion and the 3 Big Reasons Fluor Stock Jumped 52.2% in November samedi, 21 novembre 2020 zacks. 469.398.7621 tel, Jason Landkamer I would like to receive Nasdaq communications related to Products, Industry News and Events.You can always change your preferences or unsubscribe and your contact information is covered by our Privacy Policy. While Fluor has suspended its guidance for 2020, the company expects to report second quarter results in approximately four weeks and third quarter results four weeks after that. Fluor had revenue of $17.3 billion in 2019 and is ranked 181 among the Fortune 500 companies. Uber Technologies, Inc. Q3 2019 Earnings Conference - Final Transcript Nov 04, 2019 • 05:00 pm ET. Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. Good morning, and welcome to the Fluor Corporation's 3Q 2020 Earnings Conference Call. © 2021, Nasdaq, Inc. All Rights Reserved. Consolidated segment profit … Location*Please select…United StatesAfghanistanÅland IslandsAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, the Democratic Republic of theCook IslandsCosta RicaCôte d'IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuamGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and McDonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People's Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People's Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, the former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMarshall IslandsMartiniqueMauritaniaMauritiusMayotteMexicoMicronesia, Federated States ofMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorthern Mariana IslandsNorwayOmanPakistanPalauPalestinian Territory, OccupiedPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalPuerto RicoQatarReunionRomaniaRussian FederationRwandaSaint BarthélemySaint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited States Minor Outlying IslandsUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofViet NamVirgin Islands (British)Virgin Islands, U.S.Wallis and FutunaWestern SaharaYemenZambiaZimbabwe. New awards of $684 million included an extension to the LOGCAP IV contract as well as a project with the U.S. Air Force. Q1 2020 loss per share from continuing operations of $1.22 reflects non-cash impairments and charges related to weak commodity prices and COVID-19 No material project adjustments in the first quarter of 2020; $52 million change in project positions due to the impact of COVID-19 Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. These forward-looking statements, including statements relating to our expectations as to the filing of our quarterly reports on Form 10-Q, strategic and operation plans, and projected cash balances and liquidity are based on current management expectations and involve risks and uncertainties. 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