Earnings Call Excerpt
Fluor Corporation (FLR)
Q2 2009 Earnings Call
August 10, 2009 5:30 pm ET
Executives
Kenneth H. Lockwood – Vice President of Investor Relations
Alan Lee Boeckman – Chairman and Chief Executive Officer
D. Michael Steuert – Chief Financial Officer
Analysts
Andrew Kaplowitz - Barclays Capital
[Chase Becker] for Jamie Cook – Credit Suisse
Graham Mattison - Lazard Capital Markets
Steven Fisher - UBS
Michael Dudas - Jefferies & Co.
Mark Thomas - Simmons & Company International
John Rogers - D. A. Davidson & Co.
Will Gabrielski - Broadpoint AmTech
Joe Ritchie - Goldman Sachs
Barry Bannister - Stifel Nicolaus & Co. Inc.
Presentation
Operator
Good afternoon, ladies and gentlemen, and welcome to the Fluor Corporation’s second quarter 2009 conference call. Today’s call is being recorded. (Operator Instructions) A replay of today’s conference call will be available at approximately 8:30 PM Eastern Time today, accessible on Fluor’s website at www.fluor.com. A web replay will be available for 30 days. A telephone replay will also be available through 8:30 PM Eastern Time on August 16 at the following telephone number. That number is 888-203-1112. Pass code of 2913140 will be required.
At this time for opening remarks, I’d like to turn the conference over to Mr. Ken Lockwood, Vice President of Investor Relations. Please go ahead, Mr. Lockwood.
Kenneth H. Lockwood
Thank you operator. Welcome everyone to Fluor’s second quarter 2009 conference call. With us today are Alan Boeckmann, Fluor’s Chairman and CEO and Mike Steuert, Fluor’s Chief Financial Officer. Our earnings announcement and 10-Q were released this afternoon after the market closed. We have posted a slide presentation on our website, which we will reference while making our 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 call and slide presentation, we will be making forward-looking statements which reflect our current analysis of existing trends and information, and there is an inherent risk that actual results and experience could differ materially. You can find a discussion of those risk factors in our 10-K which was filed on February 25, 2009.
During this call we will discuss certain non-GAAP financial measures. Reconciliation of these amounts with the comparable GAAP measures are reflected in our earnings release and are posted on our website at investor.fluor.com.
With that I’ll turn the call over to Alan Boeckmann, Fluor’s Chairman and CEO.
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