Shares of Fluor Corporation (NYSE: FLR) lost over 20% of their value in pre-market trading on August 1, 2025, after the company reported second quarter results and lowered its full-year earnings guidance. The company cited growing costs on three infrastructure projects due to subcontractor design errors, schedule delays, and price escalation, along with reduced capital spending from clients. These issues were not previously disclosed, despite prior reaffirmations of full-year guidance.
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