Fluor Reports Second Quarter 2020 Results

Fluor Reports Second Quarter 2020 Results

IRVING, Texas (STL.News) 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.  Consolidated segment profit for the quarter was $61 million, compared to a loss of $393 million a year ago.  Results for the quarter reflect the impact to its operations due to a severe downturn in the economy related to COVID-19.  There were no material project adjustments in the quarter.  Operating cash flow in the quarter was $128 million.

New awards for the second quarter were $2.2 billion and ending backlog was $29.0 billion.  Corporate general and administrative expenses for the quarter were $40 million.

NOTE: this is NOT the complete release.

View complete release at: https://investor.fluor.com/news-releases/news-release-details/fluor-reports-second-quarter-2020-results

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