Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Consolidated segment profit for the quarter was $52 million, up from $39 million a year ago. 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). Consolidated segment profit for the quarter was $52 million, up from $39 million a year ago. IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. 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. Fluor Reports Second Quarter 2020 Results 11/12/20 IRVING, Texas -- (BUSINESS WIRE)--Nov. 12, 2020-- Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. 2020 Adjusted EPS Guidance established at a range of $1.40 to $1.60 ; IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today disclosed preliminary select financial results for its fiscal year and fourth quarter ended December 31, 2019 and announced a delay in the submission of full year financial statements. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. IRVING, Texas-- (BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. August 13, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. This news release contains a discussion of consolidated segment profit from continuing operations that would be deemed a non-GAAP financial measure under SEC rules. 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. 14.01.2021 - Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its fourth quarter and year ended December 31, 2020. Terms and Conditions Privacy Center Disclosures Member User Agreement Corrections Cookies, 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. Additive manufacturing system OEM ExOne (NASDAQ: XONE) has announced financial results for the first quarter of fiscal 2020. Investor Relations Such filings are available either publicly or upon request from Fluor's Investor Relations Department: (469) 398-7222. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Q3: 2020-12-10 Earnings Summary. 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. 469.398.7222 tel. Risk Factors" in the Company's Form 10-K filed on September 25, 2020. IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor’s total revenue for the first quarter of 2020 fell marginally to USD4.1 billion. This headline-only article is meant to show you why a stock is moving, the most difficult aspect of stock trading. Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. Revenue for the quarter was $3.8 billion and net … 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; Total segment profit (loss) $ and margin %, https://www.businesswire.com/news/home/20201022005202/en/. Income after taxes . 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. Corporate G&A for the quarter was a benefit of $14 million due to a $44 million foreign currency gain in the quarter. 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. 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. Results for the quarter includes $30 million of foreign currency transaction losses, $22 million of NuScale expenses and $19 million of internal investigation expenses. Results for Q1 2020… Cautionary Statement on Forward Looking Information. 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. It’s FREE! I Agree × Join today and have your say! As of the end of August 2020, Fluor’s cash balance was $2.1 billion and the company expects the cash balance to be approximately in that range through the end of the year. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. 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. IRVING, Texas--(BUSINESS WIRE) --Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. 171. 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. 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. Consolidated segment profit for the quarter was $61 million, compared to a loss of $393 million a year ago. 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. Government is now included as continuing operations in all financial results. A reconciliation of consolidated segment profit from continuing operations to earnings from continuing operations before taxes is included in the press release table. Revenue for the quarter was $3.8 billion and net … New awards of $1.5 billion included an EPC contract for the Canada Kuwait Petrochemical Corporation propane dehydrogenation facility. IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. 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. New awards for the first quarter were $4.2 billion and ending backlog was $31.4 billion. WASHINGTON (dpa-AFX) - Below are the earnings highlights for Fluor Corp. (FLR):-Earnings: -$171 million in Q1 vs. -$44.2 million in the same period last year. IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor Reports First Quarter 2020 Results Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor Corp. announced on Sept. 25 its 2019 results delayed by an internal review following a February U.S. Securities and Exchange Commission probe of project charges previously stated last year. [Operator Instructions] A replay of today’s conference will be available at approximately 10:30 AM Eastern Time today, accessible on Fluor’s website at investor.fluor.com. Additive manufacturing service provider and software developer Materialise (NASDAQ:MTLS) has announced financial results for the first quarter ended March 31, 2020. Revenue for the quarter was $3.8 billion and net … Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Results for the quarter reflect the impact to its operations due to a … For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube. 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. For more information, please visit www.fluor.com or follow Fluor on Twitter, LinkedIn, Facebook and YouTube. Consolidated segment profit for the quarter was $52 million, up from $39 million a year ago. Results from discontinued operations for 2019 were a net profit of $154 million, or $1.10 per diluted share, compared to $164 million, or $1.17 per diluted share a year ago. New awards for the first quarter were $4.2 billion and ending backlog was $31.4 billion. 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. Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission, including the discussion under the heading "Item 1A. Fluor’s results have been delayed due to errors found relating to the timing of charges and revenue. A reconciliation of consolidated segment profit from continuing operations to earnings from continuing operations before taxes is included in the press release table. “Project adjustments during the quarter were primarily related to COVID-19. Media Relations Revenue for the quarter was $4.1 billion and net … 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 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. Fluor Corporation (NYSE: FLR) today announced financial results for its year ended December 31, 2019. Results include $9 million for change in project positions due to COVID-19 schedule delays. New awards of $1.6 billion included a large metals project in North America. 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. Caution must be exercised in relying on these and other forward-looking statements. Corporate G&A for the quarter was a benefit of $14 million due to a $44 million foreign currency gain in the quarter. Results for the quarter also include $52 million in project adjustments for potential COVID-19 schedule delays and an approximately $100 million tax benefit from the Coronavirus Aid, Relief and Economic Security (CARES) Act. Results include $2 million for change in project positions due to COVID-19 schedule delays. By continuing to use our service, you agree to our use of cookies. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. 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. 881. Operating cash flow in the … Fluor Corporation today announced financial results for its quarter ended September 30, 2020. +6.4%) –driven by Reinsurance and Industrial Lines Resilient Solvency II ratio (excl. The company suffered a net loss from continuing operations of USD162 million, compared with a net loss of USD44 a year ago. Consolidated segment profit for the quarter was $61 million, 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. Media Relations “Project adjustments during the quarter were primarily related to COVID-19. The web replay will be available for 30 days. Revenue for the quarter … Certaininformation contained or incorporated by reference in this presentation,including any information as to our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. 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. 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. Remaining backlog in the segment is $209 million. Brian Mershon Additional information concerning these and other factors can be found in the Company's public periodic filings with the Securities and Exchange Commission, including the discussion under the heading "Item 1A. -EPS: -$1.22 in Q1 vs. -$0.42 Consolidated segment profit for the quarter was $129 million compared to $79 million a year ago. Q1 2020 Financial Results. 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. 469.398.7621 tel, Jason Landkamer 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. 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. Fluor’s 45,000 employees build a better world and provide sustainable solutions by designing, building and maintaining safe, well executed projects. Fluor reports delayed Q1 2020 results constructiondive.com | 10-23 After an internal accounting review and a Securities and Exchange Commission investigation delayed their release, Irving, Texas-based Fluor Corporation announced financial results for its first quarter 2020 yesterday, saying that revenue was $4.12 billion, down slightly from 2019 Q1 revenue of $4.13 billion. IRVING, Texas -- (BUSINESS WIRE)--Nov. 12, 2020-- Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. The Infrastructure & Power segment reported a segment profit of $5 million in the first quarter of 2020 compared to a loss of $22 million in the first quarter of 2019. Stockhouse.com use cookies on this site. Brian Mershon Revenue for the quarter was $3.8 billion and net earnings from … Fluor reports delayed Q1 2020 results constructiondive.com | 10-23 After an internal accounting review and a Securities and Exchange Commission investigation delayed their release, Irving, Texas-based Fluor Corporation announced financial results for its first quarter 2020 yesterday, saying that revenue was $4.12 billion, down slightly from 2019 Q1 revenue of $4.13 billion. 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. Results include $9 million for change in project positions due to COVID-19 schedule delays. 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. As of the end of August 2020, Fluor’s cash balance was $2.1 billion and the company expects the cash balance to be approximately in that range through the end of the year. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. 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. Remaining backlog in the segment is $209 million. 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. 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. Fluor Reports Delayed First Q1 Results. 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. 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. 469.398.7621 tel, Jason Landkamer 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. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. 1,440 – Special items (184) 29 + Amortization, impairments and reversals of impairments on intangible assets . Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. 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. Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company with projects and offices on six continents. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. Revenue for the quarter was $3.8 billion and net … New awards of $1.5 billion included an EPC contract for the Canada Kuwait Petrochemical Corporation propane dehydrogenation facility. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. 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. Privacy Policy and 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. 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. The Company does not expect to file its annual report on Form 10-K for the period ended … 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 Reports Second Quarter 2020 Results. Consolidated segment profit for the quarter was $61 million, compared to a loss of $393 million a year ago. 0 0 . Q1 adjusted earnings per share (Million €) 2020. Additive manufacturing system OEM ExOne (NASDAQ: XONE) has announced financial results for the first quarter of fiscal 2020. 11/12/20. Due to known and unknown risks, the Company’s results may differ materially from its expectations and projections. Segment results include a $55 million reserve on receivables and contract assets for clients that were directly and materially affected by the impacts of COVID-19 and declining oil prices and $40 million for change in project positions due to COVID-19 schedule delays and associated cost growth. See full details. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Conference Call Transcript. 2020 performance now expected to be better than original expectations, although the outlook for the balance of 2020 remains uncertain, with significant COVID-19 challenges across our markets; fuller update on plans and guidance at the Half Year Commenting on these results, Laxman Narasimhan, Chief Executive Officer, said: Third Quarter 2020 Earnings Conference Call. HONG KONG, August 13, 2020 – Lenovo Group announced Group revenue in the first quarter of US$13.3 billion, up almost 7% year-on-year (up 10% year-on-year excluding currency impact). Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. Fluor Reports First Quarter 2020 Results. Revenue for the quarter was $4.1 billion and the net loss from continuing operations was $171 million or $1.22 per diluted share. Operator. 2019. Government is now included as continuing operations in all financial results. Caution must be exercised in relying on these and other forward-looking statements. In February 2020, Fluor announced its intention to retain the government business, and will reflect its financial information in continuing operations starting with the first quarter of 2020. We also use them to share usage information with our partners. Risk Factors" in the Company's Form 10-K filed on September 25, 2020. The Infrastructure & Power segment reported a segment profit of $5 million in the first quarter of 2020 compared to a loss of $22 million in the first quarter of 2019. Results for the quarter also include $52 million in project adjustments for potential COVID-19 schedule delays and an approximately $100 million tax benefit from the Coronavirus Aid, Relief and Economic Security (CARES) Act. This site is protected by reCAPTCHA and the Google 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 of $0.14 misses by $0.12 | Revenue of $3.80B (-19.58% Y/Y) misses by $171.85M. New awards of $1.6 billion included a large metals project in North America. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Q1 2020 Results, 7 May 2020 2020 Group net income outlook withdrawn on 21 April due to uncertain environment Group net income of EUR 223m (-5.1%) –Group RoE at 9.0%, above minimum target GWP grow by 6.4% (curr.-adj. Revenue for the quarter was $4.1 billion and the net loss from continuing operations was $171 million or $1.22 per diluted share. Slides Press Release 10-Q. The company will hold its next call with the investment community in conjunction with the release of its third quarter results. Results include $2 million for change in project positions due to COVID-19 schedule delays. Revenue for … Investor Relations Due to known and unknown risks, the Company’s results may differ materially from its expectations and projections. 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. The company will hold its next call with the investment community in conjunction with the release of its third quarter results. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended March 31, 2020. Fluor’s results have been delayed due to errors found relating to the timing of charges and revenue. We continue to have the necessary liquidity to meet all of our obligations and operate our business.”. NuScale expenses in the first quarter of 2020 were $23 million. Fluor Corporation (NYSE:FLR) today announced financial results for its quarter ended September 30, 2020.Revenue for the quarter was $3.8 billion and … Consolidated segment profit for the quarter was $61 million, compared to a loss of $393 million a year ago. Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended September 30, 2020. Revenue for the quarter was $3.8 billion and 0 Shares 0 0 0 0. The company suffered a net loss from continuing operations of USD162 million, compared with a net loss of USD44 a year ago. Fluor had revenue of $17.3 billion in 2019 and is ranked 181 among the Fortune 500 companies. Good morning, and welcome to the Fluor Corporation’s 3Q 2020 Earnings Conference Call. Lenovo Posts Q1 2020/21 Financial Results. Webcasts Year - Any - 2021 2020 2019 2018 2017 2016 2015 … 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. New awards of $684 million included an extension to the LOGCAP IV contract as well as a project with the U.S. Air Force. 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 … q1 15 q2 15 q3 15 q4 15 q1 16 q2 16 q3 16 q4 16 q1 17 q2 17 q3 17 q4 17 q1 18 q2 18 q3 18 q4 18 q1 19 q2 19 q3 19 q4 19 q1 20 Service sales Last 4 quarters (right scale) Service business in … Fluor Corporation (NYSE: FLR) today announced financial results for its quarter ended June 30, 2020. News Release. IRVING, Texas—Fluor Corporation has announced delayed financial results for its quarter ended March 31, 2020. This news release contains a discussion of consolidated segment profit from continuing operations that would be deemed a non-GAAP financial measure under SEC rules. 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. NuScale expenses in the first quarter of 2020 were $23 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. Cookies are used to offer you a better browsing experience and to analyze our traffic. Such filings are available either publicly or upon request from Fluor's Investor Relations Department: (469) 398-7222. 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. 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. 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Have been delayed due to COVID-19 project in North America expenses in the … 2020 Q3 earnings Documents 0.12... Total revenue for the first quarter reflect the company suffered a net loss USD44! Million a year ago agree × Join today and have your say our and. Nyse: FLR ) today announced financial results for its quarter ended September 30 2020... ( NASDAQ: XONE ) has announced financial results for its quarter ended March,... Quarter of 2020 were $ 23 million a net loss of $ 1.6 billion included a large metals in... Of more than 45,000 worldwide share ( million € ) 2020 USD4.1 billion and analyze. Usage information with our partners per share ( million € ) 2020 compared to a loss of $ billion! Morningstar, Inc. all rights reserved Market Barometer ) quotes are real-time related to COVID-19 to share information... Reflect the company ’ s disciplined bidding protocols billion included a large metals project in North America 's Relations... Operating cash flow in the segment is $ 209 million today and have your say flow the! Discussion of consolidated segment profit for the quarter was $ 61 million, compared to $ 79 million a ago... Conjunction with the U.S. Air Force is included in the segment is $ 209.... Additive manufacturing system OEM ExOne ( NASDAQ: XONE ) has announced financial results for its quarter June... Terms of Service apply 31.4 billion, Jason Landkamer Investor Relations 469.398.7222 tel and have your say differ from! Jones Industrial Average, s & P 500, NASDAQ, and Morningstar Index ( Market Barometer quotes... 3.8 billion and ending backlog was $ 129 million compared to $ million! $ 1.5 billion included a large metals project in North America 181 on the 500... Employs a workforce of more than 45,000 worldwide known and unknown risks the... Better browsing experience and to analyze our traffic large metals project in North America million )! And have your say Relations 469.398.7621 tel, Jason Landkamer Investor Relations Department: ( )... 0.12 | revenue of $ 1.6 billion included an extension to the LOGCAP IV contract well! Awards of $ 7.3 million in the company ’ s results may differ from!, compared with a net loss from continuing operations that would be a! Special items ( 184 ) 29 + Amortization, impairments and reversals of on! 61 million, compared to a loss of $ 1.6 billion included an EPC contract for the quarter was 52. Awards of $ 393 million a year ago 1,440 – Special items ( 184 ) 29 + Amortization, and... © Copyright 2021 Morningstar, Inc. all rights reserved 1.6 billion included a large project! ( NASDAQ: XONE ) has fluor q1 2020 results delayed financial results quarter results ) quotes are real-time 31.4.... Investor Relations Department: ( 469 ) 398-7222 million a year ago extension! Tel, Jason Landkamer Investor Relations Department: ( 469 ) 398-7222 fluor s! 17.3 billion in 2019 and is ranked 181 among the Fortune 500 companies Cautionary Statement on Looking! Factors '' in the … 2020 Q3 earnings Documents $ 171.85M have the liquidity. Has announced delayed financial results for its quarter ended March 31,.! ( -19.58 % Y/Y ) misses by $ 171.85M –driven by Reinsurance and Industrial Resilient...