Fluor Stock Plunges 17.07% on Earnings Miss

Fluor's stock price plummeted by 17.07% in pre-market trading on August 1, 2025, marking a significant decline for the engineering and construction company.

Fluor's second-quarter earnings report revealed a notable earnings miss, with a non-GAAP EPS of $0.43, falling $0.13 short of analyst expectations. The company's revenue for the quarter also fell short of projections, indicating a challenging period for the firm. This earnings miss is a significant factor contributing to the stock's decline.

Fluor's revenue growth has been inconsistent, with negative growth rates over the past three, five, and ten years. This trend suggests that the company has been facing challenges in maintaining steady revenue growth, which could be a concern for investors. The company's backlog, however, remains robust at $28.2 billion, providing some stability amidst the revenue fluctuations.

Despite the earnings miss, Fluor has seen some positive developments. The company's joint venture with JGC Corporation was awarded a contract to update the Front End Engineering and Design for a proposed second phase of the LNG Canada facility. Additionally, Fluor received a final notice to proceed from Barrick Mining Corporation on its Reko Diq Project in Pakistan, indicating ongoing project activity and potential future revenue streams.