Flowserve Stock News

Flowserve's (FLS) fourth-quarter 2021 revenues decrease 6.7% year over year on lackluster performance across most of its segments.

Flowserve's (FLS) fourth-quarter 2021 revenues decrease 6.7% year over year on lackluster performance across most of its segments.

Flowserve Corporation (FLS) CEO Scott Rowe on Q4 2021 Results - Earnings Call Transcript

Flowserve (FLS) delivered earnings and revenue surprises of -6.25% and 3.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

IRVING, Texas (AP) _ Flowserve Corp. (FLS) on Wednesday reported fourth-quarter earnings of $16.7 million. On a per-share basis, the Irving, Texas-based company said it had profit of 13 cents. Earnings, adjusted for non-recurring costs, came to 45 cents per share. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. The company that makes pumps, valves and other parts for the oil and gas industries posted revenue of $919.5 million in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $948.6 million. For the year, the company reported profit of $125.9 million, or 96 cents per share. Revenue was reported as $3.54 billion. Flowserve expects full-year earnings in the range of $1.70 to $1.90 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLS at https://www.

Flowserve press release (NYSE:FLS): Q4 Non-GAAP EPS of $0.45 misses by $0.03.Revenue of $919.5M (-6.7% Y/Y) misses by $36.58M.

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Highlights (all comparisons to the 2020 fourth quarter, unless otherwise noted) Reported Earnings Per Share (EPS) of $0.13 and Adjusted EPS1 of $0.45 Reported EPS includes a net after-tax adjusted loss of $42.2 million, com

Flowserve (FLS) delivered earnings and revenue surprises of -6.25% and 3.08%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Flowserve Corporation with ticker code (FLS) now have 12 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 46 and 32 calculating the mean target price we have 37.42. Now with the previous closing price of 32.06 this now indicates there is a potential upside of 16.7%. The 50 day moving average now sits at 31.74 and the 200 day MA is 36.61. The company has a market cap of $4,196m. Find out more information at: https://www.flowserve.com [stock_market_widget type="chart" template="basic" color="green" assets=FLS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,897m based on the market concensus. Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, the Middle East, Africa, the Asia Pacific, and Europe. It operates in two segments: Flowserve Pump Division (FPD) and Flow Control Division (FCD).

We believe that Flowserve Corporation stock (NYSE: FLS), a manufacturer of pumps and valves, may be a good opportunity at present.

FLSmidth has received the enclosed notification pursuant to Article 19 of EU Regulation no. 596/2014 of transactions related to shares in FLSmidth made by persons discharging managerial responsibiliti

Flowserve (NYSE:FLS) is scheduled to announce Q4 earnings results on Wednesday, February 23rd, after market close.The consensus EPS Estimate is $0.48 (-9.4% Y/Y) and the consensus

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Amy Schwetz, chief fina

Flowserve's (FLS) Q4 earnings are likely to have benefited from robust backlog and strong oil and gas, chemical and power generation markets. Supply-chain headwinds might have hurt it.