Fluor Corporation (NYSE:FLR) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET

Company Participants

Jason Landkamer - Head-IR

David Constable - Chairman and CEO

Joe Brennan - CFO

Conference Call Participants

Michael Dudas - Vertical Research

Andy Wittmann - Baird

Andy Kaplowitz - Citigroup

Jamie Cook - Credit Suisse

Steven Fisher - UBS

Sean Eastman - KeyBanc Capital Markets

Brent Thielman - D.A. Davidson & Co.

Operator

Good morning and welcome to Fluor's Third Quarter 2022 Earnings Conference Call. Today's call is being recorded. At this time, all participants are in a listen-only mode. A question-and-answer session will follow management’s presentation. A replay of today’s conference call will be available at approximately 10:30 a.m. Eastern Time today accessible on Fluor's Web site at investor.fluor.com. The web replay will be available for 30 days. A telephone replay will also be available for 7 days through a registration link also accessible on Fluor's Web site at investor.fluor.com.

At this time, for opening remarks, I would like to turn the conference over to Jason Landkamer, Head of Investor Relations. Please go ahead, Mr. Landkamer.

Jason Landkamer

Thank you, Julie. Welcome to Fluor's 2022 third quarter earnings call. David Constable, Fluor's Chairman and Chief Executive Officer; and Joe Brennan, Fluor's Chief Financial Officer are with us today. Fluor issued its third quarter earnings release earlier this morning and a slide presentation is posted on our Web site, that we will reference while making prepared remarks.

Before getting started, I’d like to refer you to our Safe Harbor note regarding forward-looking statements, which is summarized on Slide 2. During today's presentation, we'll be making forward-looking statements, which reflect our current analysis of existing trends and information. There is an inherent risk that actual results and experience could differ materially.

You can find the discussion of our risk factors, which could potentially contribute to such differences, in our 2021 Form 10-K and in our Form 10-Q, which was filed earlier today. During this call, we will discuss certain non-GAAP financial measures. Reconciliations of these amounts to the comparable GAAP measures are reflected in our earnings release and posted in the Investor Relations section of our Web site at investor.fluor.com.

I’ll now turn the call over to David Constable, Fluor’s Chairman and Chief Executive Officer. David?

David Constable

Thank you, Jason. Good morning, everyone. Thank you for joining us today. Please turn to Slide 4. Before we get started on operational results, I want to share insights from Fluor's Supply Chain Summit in Greenville, South Carolina on September 14. This high energy event brought together senior leadership from Fluor, our clients, suppliers and contractors across the globe. Ongoing industry trends, new business ideas and solutions to current supply chain challenges were discussed. And this event gave everyone an opportunity to meet and interact with Fluor clients and senior Fluor business line and supply chain leadership.