Workflow
Flowserve(FLS)
icon
Search documents
Why Flowserve (FLS) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-02-26 15:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Develope ...
Solid Booking Level Benefits Flowserve (FLS) Amid Cost Woes
Zacks Investment Research· 2024-02-26 14:11
Flowserve Corporation (FLS) is gaining from record levels of booking driven by strong maintenance, repair, operations, and aftermarket (MRO) activity. Solid booking levels highlight the strength across FLS’ end markets. The company’s Diversify, Decarbonize and Digitize strategy also supports its strong booking levels. Flowserve’s fourth-quarter bookings of $1.04 billion marked the eighth consecutive quarter of more than $1 billion bookings.Increased revenues in the original equipment and aftermarket busines ...
Here's Why Flowserve (FLS) is a Strong Momentum Stock
Zacks Investment Research· 2024-02-23 15:56
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as we ...
Are Industrial Products Stocks Lagging Flowserve (FLS) This Year?
Zacks Investment Research· 2024-02-22 15:45
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Flowserve (FLS) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Flowserve is one of 227 companies in the Industrial Products group. The Industrial Products group currently sits at #3 within the Zacks Sector Rank. The ...
Flowserve(FLS) - 2023 Q4 - Earnings Call Presentation
2024-02-21 22:36
19 Q4 2023 Earnings Conference Call FLOWSERVE FULL YEAR 2023 AND 2022 SEGMENT FINANCIAL RESULTS | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------|---------------------------|----------------------------------------------------------|-------|---------------------------------|---------------------------------------------------------|---------------------------|-------|------------------------------------------------------ ...
Flowserve(FLS) - 2023 Q4 - Earnings Call Transcript
2024-02-21 22:32
Flowserve Corporation (NYSE:FLS) Q4 2023 Earnings Conference Call February 21, 2024 11:00 AM ET Company Participants John Roueche - Vice President, Investor Relations and Treasurer Scott Rowe - President and Chief Executive Officer Amy Schwetz - Senior Vice President and Chief Financial Officer Conference Call Participants Nathan Jones - Stifel Mike Halloran - Baird Sabrina Abrams - Bank of America Joe Giordano - TD Cowen Deane Dray - RBC Capital Markets Operator Good day and welcome to the Fourth Quarter 2 ...
Flowserve (FLS) Q4 Earnings & Revenues Top Estimates, Up Y/Y
Zacks Investment Research· 2024-02-21 13:46
Flowserve Corporation’s (FLS) fourth-quarter 2023 adjusted earnings (excluding 21 cents from non-recurring items) of 68 cents per share beat the Zacks Consensus Estimate of 61 cents. The bottom line increased 7.9% year over year. Results were primarily benefited from higher revenues, partially offset by an increase in operating costs and expenses.Flowserve’s total sales of $1,165.2 million beat the consensus estimate of $1,136 million. The top line increased 12.1% year over year. Sales increased 10.1% on a ...
Here's What Key Metrics Tell Us About Flowserve (FLS) Q4 Earnings
Zacks Investment Research· 2024-02-21 00:01
Flowserve (FLS) reported $1.17 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 12.2%. EPS of $0.68 for the same period compares to $0.63 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of +2.56%. The company delivered an EPS surprise of +11.48%, with the consensus EPS estimate being $0.61.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Flowserve (FLS) Q4 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-02-20 23:11
Flowserve (FLS) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.48%. A quarter ago, it was expected that this company that makes pumps, valves and other parts for the oil and gas industries would post earnings of $0.41 per share when it actually produced earnings of $0.50, deliveri ...
Flowserve Corporation Reports Fourth Quarter and Full-Year 2023 Results; Initiates 2024 Guidance
Businesswire· 2024-02-20 21:01
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, 2023. Fourth Quarter 2023 Highlights (all comparisons to the 2022 fourth quarter, unless otherwise noted) Reported EPS of $0.47 and Adjusted EPS1 of $0.68, compared to $0.92 and $0.63, respectively Fourth quarter 2023 Reported EPS includes after-tax adjus ...