Fluor ‘Great Start’ Brings $3.1B in 1Q Revenue

The company says 2022 first-quarter revenue was $3.1 billion and net income from continuing operations attributable to Fluor was $48 million.
Fluor 1Q 2022 sales

Engineering and construction firm Fluor Corp. (NYSE: FLR) of Irving, Texas, reported $3.1 billion in 2022 first-quarter revenue, along with $48 million in net income from continuing operations attributable to the company.

Consolidated segment profit for the quarter was $115 million compared to $60 million in 1Q 2021, Fluor said.

Q1 2022 diluted earnings per share (EPS) from continuing operations were $0.27; adjusted diluted EPS from continuing operations was $0.16.

“This year is off to a great start as we see our strategic focus accelerate change and improve our competitive position in the key markets we serve,” said David Constable, chairman and CEO. “We see our clients moving forward with a significant amount of work over the next few quarters, and we are well positioned to deploy our world-class teams to support their efforts.”

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