Home > Boards > US Listed > Miscellaneous > Fluor Corporation (FLR)

$FLR Fluor to suffer "modest hit" from SCANA's

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
eFinanceMarkets Member Profile
 
Followed By 6
Posts 605
Boards Moderated 0
Alias Born 03/08/17
160x600 placeholder
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 5/23/2019 4:54:41 PM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 5/22/2019 5:09:50 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/20/2019 5:37:29 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/20/2019 5:34:28 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/20/2019 6:06:00 AM
Fluor Corporation Board of Directors Confirms Appointment of Carlos Hernandez as Chief Executive Officer Business Wire - 5/16/2019 6:32:00 PM
Amended Statement of Changes in Beneficial Ownership (4/a) Edgar (US Regulatory) - 5/14/2019 2:22:59 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/13/2019 6:20:06 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/13/2019 6:14:22 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/9/2019 4:42:31 PM
Fluor and Bayer Break Ground as Construction Starts for New Cell Culture Technology Center in California Business Wire - 5/9/2019 9:27:00 AM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 5/8/2019 3:59:47 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/6/2019 5:04:51 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:57:16 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:55:48 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:54:59 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:54:06 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:53:24 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:51:58 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:51:22 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:49:44 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:48:28 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:47:18 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2019 4:45:22 PM
Former California Deputy Attorney General and Special Counsel with Johnson Fistel Launches Investigation into Fluor Corporati... PR Newswire (US) - 5/2/2019 10:57:00 AM
eFinanceMarkets   Tuesday, 08/01/17 01:39:48 PM
Re: eFinanceMarkets post# 20
Post # of 24 
$FLR Fluor to suffer "modest hit" from SCANA's nuclear pullout, Citi analyst says

Fluor (FLR +0.4%) is steady after sinking to a 52-week low yesterday on news that SCANA was abandoning construction of its Summer nuclear project in South Carolina; FLR is the construction contractor for the project, as well as Southern Co.'s Voglte nuclear project in Georgia.

Citigroup's Andrew Kaplowitz keeps his Buy rating and $60 price target on FLR, believing the company will take "a modest hit" from SCG's decision but damage to the stock "should be fairly limited and contained."

Summer and Vogtle represented a combined $6.4B of backlog for FLR as of the end of Q1, with Summer comprising a smaller portion of the backlog, according to Kaplowitz, who estimates SCG's decision will cut FLR's annual EPS by $0.15 and backlog by $3B.

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist