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Fluor Earnings Rise During Quarter, Year, Although Mission Solutions Down

Defense Daily Staff Defense Daily Staff
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Fluor Earnings Rise During Quarter, Year, Although Mission Solutions Down

Earnings improved at Fluor [FLR] in the fourth quarter, which the engineering and construction contractor for the Department of Energy attributed Tuesday to improved efficiency and certain financial adjustments. Net earnings for the fourth quarter ended Dec. 31 were $9 million, or a loss of $0.01 a share, up from a net loss of $278 million, or $2.03 loss per share in the fourth quarter of 2021, the company said in an earnings release. Full 2022 earnings were $145 million,…

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