Fluor shares slide 15% after Q1 2026 results; options traders eye a June 1x2 call ratio

Fluor Corp. fell 15% after reporting Q1 2026 earnings, despite net income rebounding to $160 million. The pullback followed a revenue miss ($3.66B vs. $3.89B consensus) and a tighter full-year EBITDA outlook tied to mining-segment cost growth. One proposed approach to offset a roughly $2.50 drop uses a June 50/52.5 1x2 call ratio spread.