Fluor stock surges 13% despite $653 mn hit, lifts 2025 outlook
Fluor shares jumped 13.3% in premarket trading Friday after the company raised its FY2025 EBITDA outlook to $510-$540 million and EPS guidance to $2.10-$2.25, despite a $653 million charge tied to the Australia Santos project. The firm also announced an $800 million share buyback by February 2026 and plans to monetise 111 million NuScale shares by mid-2026.