A trio of companies involved in nuclear waste management or remediation are set to discuss their latest earnings results this week.
Fluor, based near Dallas, has scheduled its quarterly and annual earnings conference call with financial analysts at 5:30 p.m. ET Thursday. The company, a major player in the Energy Department weapons complex, will release its results after the market closes.
Also Thursday, Paris-based Veolia plans to discuss its 2018 financial results at 8:30 a.m.
Boise, Idaho-based US Ecology will discuss its fourth quarter and yearly earnings at 10 a.m. ET Friday following the Thursday evening release of its quarterly report.
Fluor’s net income slid for the third quarter ended Sept. 30. The company collected $77 million, or $0.55 per diluted share, compared to $94 million, or $0.67 per diluted share, during the same period in 2017. The engineering, procurement, and construction provider’s quarterly revenue fell to $4.7 billion, from $4.9 billion a year earlier. Consolidated profit was $207 million in the quarter, up from the $203 million a year before.
US Ecology took in $13.4 million of net income for the third quarter ended Sept. 30, or $0.61 per diluted share, which increased from $8.4 million and $0.38 per diluted share for the same period in 2017. It cited quarterly revenue of $151.4 million, up 13.4 percent from $134.1 million one year earlier.
US Ecology’s facility in in Richland, Wash., near DOE’s Hanford Site, is one of four sites licensed for disposal of low-level radioactive waste.
Veolia revenue in the first nine months of 2018 came in at 18.761 billion euros ($21.331 billion), an increase from 18.221 billion euros ($20.717 billion) for the first nine months of 2017. Net income accounting for capital gains was 457 million euros ($520 million) through Sept. 30, compared to 406 million euros ($462 million) for the first nine months of 2017.
Veolia has been expanding its nuclear business in North America. It bought cleanup technology provider Kurion in 2016, and in January 2018 it completed its purchase of DOE contractor Wastren Advantage.
