Good morning, and welcome to the Fluor s First Quarter 2021 Earnings Conference Call.
Today s call is being recorded. [Operator Instructions] A replay of today s conference call will be available approximately at 10:30 a.m. Eastern Time today, accessible on Fluor s website at investor.fluor.com. The web replay will be available for 30 days. A telephone replay will also be available for seven days through the registration link, also accessible on Fluor s website at investor.fluor.com.
At this time, for opening remarks, I would like to turn the call over to Jason Landkamer, Director of Investor Relations. Please go ahead.
Jason Landkamer
CRC held an in-person information session at the Pinnacle Campus on April 17 to present details about the proposed plant and to answer community questions. During the meeting, residents held up signs reading No toxic batch plant and Don t poison Oak Hill in protest of the plan, while representatives with CRC compared Pinnacle to the three other site options.
Two options are located within the project’s right of way near the Scenic Brook community and The Y intersection itself. The third, which CRC said was recently removed from consideration, was a vacant property outside of the Ledgestone community.
The argument for using Pinnacle
Fluor Reports Third Quarter 2020 Results - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
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No material project execution charges in the first three quarters of 2020
Company now current with all financial filings and debt requirements
COVID-19 continues to delay new awards as clients defer capital investments
Fluor Corporation (NYSE:FLR) today announced financial results for its quarter ended September 30, 2020. Revenue for the quarter was $3.8 billion and net earnings from continuing operations attributable to Fluor was $19 million, or $0.14 per share. Consolidated segment profit for the quarter was $129 million compared to $79 million a year ago. Operating cash flow in the quarter was $80 million.
New awards for the third quarter were $1.7 billion and ending backlog was $27.8 billion. Corporate general and administrative expenses for the quarter were $68 million which included foreign currency transaction losses of $30 million and investigation expenses of $19 million in the quarter.
Operator
Good morning, and welcome to the Fluor Corporation s 3Q 2020 Earnings Conference Call. [Operator Instructions] A replay of today s conference will be available at approximately 10:30 AM Eastern Time today, accessible on Fluor s website at investor.fluor.com. The web replay will be available for 30 days. A telephone replay will also be available for seven days through a registration link, also accessible on Fluor s website at investor.fluor.com.
At this time for opening remarks, I would like to turn the call over to Jason Landkamer, Director of Investor Relations. Please go ahead, Mr. Landkamer.
Jason Landkamer
Director, Investor Relations