Fluor Corp (NYSE:FLR) on Friday reported worse-than-expected first-quarter financial results.

Fluor reported quarterly earnings of 14 cents per share which missed the analyst consensus estimate of 62 cents per share. The company reported quarterly sales of $3.663 billion which missed the analyst consensus estimate of $3.894 billion.

Fluor Corporation narrowed its 2026 adjusted EBITDA guidance range to $525–$560 million from $525–$585 million prior.

“I am encouraged by the significant number of new awards we secured in recent months across diverse markets, including gas-fueled and nuclear power, refining, data centers, mining, and uranium enrichment. Our pipeline of work is expanding, and we see compelling opportunities across each of our core markets,” said Jim Breuer, Fluor’s Chief Executive Officer. “The strong growth potential of our business is not impacted by the project charge in the quarter. With a disciplined project delivery model and strong liquidity, we are positioned to convert our growing pipeline, expand margins, and deliver sustained profitable growth.”

Fluor shares rose 0.5% to trade at $43.52 on Monday.

These analysts made changes to their price targets on Fluor following earnings announcement.

• Baird analyst Andrew Wittmann maintained Fluor with a Neutral and raised the price target from $48 to $49.
• Citigroup analyst Andrew Kaplowitz maintained the stock with a Buy and lowered the price target from $61 to $56.
• Truist Securities analyst Jamie Cook reiterated the stock with a Buy and lowered the price target from $59 to $57.

Considering buying FLR stock? Here’s what analysts think:

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