For the quarter ended September 2024, Flowserve (FLS) reported revenue of $1.13 billion, up 3.5% over the same period last year. EPS came in at $0.62, compared to $0.50 in the year-ago quarter.The reported revenue represents a surprise of +0.52% over the Zacks Consensus Estimate of $1.13 billion. With the consensus EPS estimate being $0.67, the EPS surprise was -7.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Flowserve (FLS) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.46%. 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 $0.63 per share when it actually produced earnings of $0.73, deliveri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13179 FLOWSERVE CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------------------- ...

The upcoming report from Flowserve (FLS) is expected to reveal quarterly earnings of $0.67 per share, indicating an increase of 34% compared to the year-ago period. Analysts forecast revenues of $1.14 billion, representing an increase of 3.8% year over year.The consensus EPS estimate for the quarter has been revised 1.7% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a com ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Flowserve Corporation (NYSE: FLS ) is a leading provider of flow control systems and equipment, making it vital to the smooth functioning of facilities and plants in various industries. The company has been seeing stellar topline growth, owing to end market demand I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I've developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch o ...

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Flowserve Corporation (FLS) recently completed its previously announced acquisition of MOGAS Industries for $305 million, which includes the potential earnout. The company funded the transaction through its cash balance. Based in Houston, TX, MOGAS is engaged in providing mission-critical severe service valves and related aftermarket services. The company's products are sold to several end markets, including power, mining and process industries. It has an extensive geographic presence with sales and service ...

The Zacks Manufacturing – General Industrial industry is poised for growth on the back of strength across prominent end markets and a surge in the e-commerce business. Efforts to digitalize business operations have been enhancing industry players' competitiveness. Investments in product development and focus on expanding operations through strategic acquisitions are expected to boost the industry's growth. However, persistent softness in the manufacturing sector has marred the outlook of the industry. Parke ...

Technology companies and the broader economy are transitioning away from fossil fuels as energy demand skyrockets on the back of artificial intelligence. Microsoft and other tech giants are making deals with nuclear energy companies and other alternative energy firms to power their AI-focused expansion efforts. See the Zacks Earnings Calendar to stay ahead of market-making news. Nuclear energy stocks such as Vistra, Constellation Energy, and others have skyrocketed over the last few years and the past month ...