Fluor stock falls after Q1 earnings miss and reduced 2026 guidance
Updated
Updated · Barron's · May 8
Fluor stock falls after Q1 earnings miss and reduced 2026 guidance
10 articles · Updated · Barron's · May 8
Shares dropped 5.3% to $48.36 after adjusted earnings of 14 cents a share on nearly $3.7 billion in sales, far below FactSet forecasts.
Fluor narrowed 2026 EBITDA guidance to $525 million-$560 million from $525 million-$585 million, citing cost growth on an Americas mining project and a temporary slowdown linked to Middle East geopolitical concerns.
Backlog edged up to $25.7 billion, while new awards fell 54% to $2.7 billion. Fluor also said selling its NuScale stake had generated $2.4 billion since September 2025.
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