For the quarter ended March 2024, Flowserve (FLS) reported revenue of $1.09 billion, up 10.9% over the same period last year. EPS came in at $0.58, compared to $0.40 in the year-ago quarter.The reported revenue represents a surprise of +4.81% over the Zacks Consensus Estimate of $1.04 billion. With the consensus EPS estimate being $0.47, the EPS surprise was +23.40%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Flowserve Corporation Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance DALLAS, April 29, 2024 – 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 first quarter ended March 31, 2024. First Quarter 2024 Highlights (all comparisons to the 2023 first quarter, unless otherwise noted) • First quarter Reported and Adjusted1 Earnings P ...

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 March 31, 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) | New York | 31-0267900 | | --- | --- | | (State o ...

Wall Street analysts forecast that Flowserve (FLS) will report quarterly earnings of $0.47 per share in its upcoming release, pointing to a year-over-year increase of 17.5%. It is anticipated that revenues will amount to $1.04 billion, exhibiting an increase of 5.8% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 1.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of t ...

The market expects Flowserve (FLS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...

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.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 includes access to the Zacks Style Sc ...

Flowserve Corporation (FLS) has been benefiting from robust bookings driven by strong maintenance, repair, operations and aftermarket activity. Solid booking levels highlight strength across the company’s end markets. FLS’ Diversify, Decarbonize and Digitize strategy has also been supporting its growth. Notably, its fourth-quarter bookings of $1.04 billion marked the eighth consecutive quarter of more than $1 billion bookings.Strength across its original equipment and aftermarket businesses are supporting b ...

A month has gone by since the last earnings report for Flowserve (FLS) . Shares have added about 5.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Flowserve due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Flowserve Q4 Earnings & Revenues Top Estimates, Up Y/YFl ...

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.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 includes access to the Zacks Style Sc ...

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.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.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...