Fluor Corporation (FLR) saw a 27.04% drop in stock value due to a lower growth outlook and market pessimism. Adjusted EBITDA guidance for 2025 was reduced to $475-$525 million. Attributable net earnings in Q2 spiked by 1,355% to $2.46 billion, while total revenues fell by 5.9% to $3.98 billion.

In the first half of the year, attributable net income rose by 873% to $2.2 billion, with total revenues staying flat at $7.9 billion. CEO Jim Breuer attributes lower Q2 results to infrastructure projects and client spending shifts. FLR remains a potential investment, but AI stocks offer higher returns and less risk.

Investors are dumping Fluor Corporation (FLR) shares fast, with the stock plummeting on Friday due to a gloomy growth forecast and market uncertainty. Adjusted EPS was lowered to $1.95-$2.15, down from the previous estimate of $2.25-$2.75. FLR’s long-term strategy focuses on disciplined project delivery in growth markets.

Read more at Yahoo Finance: Fluor CoRD (FLR) Ends Winning Streak, Nosedives 27% on Lower Growth Outlook