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Fluor Narrows 2Q Losses; 3Q Report Possible by December

Dan Leone By
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Fluor Narrows 2Q Losses; 3Q Report Possible by December

Fluor Corp. [FLR], the financially troubled, Dallas-based Department of Energy contractor, continued to narrow its losses from continuing operations in the second quarter and first six months of 2020, the company said in a long-delayed second-quarter earnings report. Fluor’s second-quarter loss from continuing operations was about $20 million, an improvement from a loss of more than $435 million in the year-ago quarter. Quarterly revenue was a little lower, though about flat, at about $4.1 billion. For the half, loses were…

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