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Fluor Posts Fourth Quarter Loss

Fluor Posts Fourth Quarter Loss

Earnings fell at Fluor [FLR] in the fourth quarter, which the engineering and construction company, active in the Department of Energy nuclear weapons complex, attributed Tuesday to a legal settlement and the sale of a business. Net earnings for the fourth quarter ended Dec. 31, 2023, reflected a net loss of $21 million, or $0.12 a share, down from net earnings of $9 million, or $0.01 in the year-ago quarter. Quarterly revenue was $3.8 billion, up year-over-year from $3.7 billion.…

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