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Delayed Earnings Report Shows Fluor With 1Q Loss

Defense Daily Staff Defense Daily Staff
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Delayed Earnings Report Shows Fluor With 1Q Loss

Texas-based Fluor [FLR], a major contractor at Department of Energy nuclear weapon sites, lost $171 million, or $1.22 per share, for its first quarter that ended March 31, according to results released Thursday. Since late 2019, the Securities and Exchange Commission and the Department of Justice have been investigating problems with Fluor quarterly data filed during 2019, which prevented the company filing reports for 2020 until the issues are fixed. Fluor took a step in clearing up its problems last…

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