Flowserve

Flowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through the following segments: Flowserve Pumps Division and Flow Control Division. The Flowserve Pumps Division segment provides pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts and related services. The Flow Control Division segment involves engineered and industrial valves, control valves, actuators and controls and related services. The company was founded in 1790 and is headquartered in Irving, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

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Flowserve reports robust Q1 results and raises 2023 guidance

Flowserve's strong Q1 performance, robust backlog, and focus on higher margin projects position it well for continued growth.
Challenges include managing deal size impacts on margins and maintaining discipline in pricing and project selection.
Opportunities lie in expected revenue growth, improved industry pricing, and enhancing working capital efficiency.
The company's strategic focus on diversification, decarbonization, and digitization is driving positive order momentum and shareholder value.

Flowserve reports robust Q2 earnings, eyes growth in energy transition

Flowserve's strong performance in Q2 2023, driven by revenue growth, record bookings, and margin stabilization, positions the company for future growth. Despite challenges in pricing and the Chinese market, opportunities in energy transition and new markets offer avenues for expansion.

Flowserve exceeds earnings expectations, eyes growth in energy transition

Flowserve delivered strong financial performance, raised targets, and highlighted cost reductions. The company remains disciplined in project pricing and is well-positioned for growth in the energy sector.

Flowserve surpasses Q4 expectations, eyes growth in energy markets

Flowserve exceeded expectations in Q4 2023, with strong revenue growth and improved margins.
Positive market outlook for 2024 driven by energy trends and project growth.
Challenges include project delays and potential impacts from U.S. exporting permit hold.
Opportunities lie in continued momentum, LNG work, cryogenic applications, and inventory reduction efforts.

Flowserve surpasses Q1 expectations, eyes growth in new energy markets

Flowserve's Q1 2024 performance exceeded expectations, driven by operational excellence and a strong focus on diversification and digitization. Despite short-term challenges like realignment expenses, the company is well-positioned for sustained revenue growth and margin expansion, with a strategic emphasis on new energy opportunities and geographic market strengths.

Flowserve reports strong Q2 results, eyes growth amid cash flow challenges

Flowserve's Q2 2024 performance reflects robust growth, margin expansion, and strong bookings, positioning the company for further success.
Despite cash flow challenges in Q2, Flowserve remains optimistic about future growth opportunities and confident in achieving long-term financial targets.
The company's focus on product excellence, digital capabilities, and global megatrends underscores its strategic positioning for sustained success.

Flowserve reports robust Q3 performance, eyes power market growth

Flowserve's Q3 performance showcased strong bookings, record cash flow, and strategic acquisitions. While facing challenges in certain markets, the company remains focused on margin improvement and capturing growth opportunities. With a positive outlook on power markets and a commitment to achieving 2027 targets, Flowserve is poised for continued success.

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Flowserve Corp. engages in the manufacture and provision of aftermarket service for comprehensive flow control systems. It operates through Flowserve Pumps Division and Flow Control Division segments. The Flowserve Pumps Division provides pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems and replacement parts, and related services. The Flow Control Division is involved in engineered and industrial valves, control valves, actuators and controls and related services. The company was founded in 1790 and is headquartered in Irving, TX.

Flowserve's (FLS) third-quarter revenues decrease 6.3% year over year on account of its Flowserve Pump Division segment's lackluster performance.

Flowserve (FLS) Q3 Earnings & Revenues Miss Estimates, Down Y/Y

Flowserve (FLS) delivered earnings and revenue surprises of -27.50% and -3.40%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Flowserve (FLS) Misses Q3 Earnings and Revenue Estimates

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 third quarter ended September 30, 2021. Third Quarter 2021 Highlights (all comparisons to the 2020 third quarter, unless otherwise noted)1 Reported Earnings Per Share (EPS) of $0.38 and Adjusted EPS2 of $0.29 Reported EPS includes a net after-tax adjusted gain of $12.1 million, comprised of certa

Flowserve Corporation Reports Third Quarter 2021 Results

Challenged end markets, supply chain issues, and high costs related to its realignment plan are expected to get reflected in Flowserve's (FLS) third-quarter 2021 results.

Flowserve (FLS) to Report Q3 Earnings: What's in the Cards?

Flowserve (FLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Flowserve (FLS) Q3 Earnings Expected to Decline

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the third quarter 2021 after the close of the New York Stock Exchange (NYSE) on Wednesday, October 27. The following morning, on Thursday, October 28 the company will hold its conference call with the financial community at 11 a.m. Eastern time. Scott Rowe, president and chief executiv

Flowserve Announces Dates for Third Quarter 2021 Financial Results

UBS analyst Damian Karas upgraded Flowserve Corp (NYSE:FLS) to Buy from Neutral and raised the price target to $46 (implying an upside of 29.29%) from $42.  Karas notes company's expected earnings growth of over 50% through FY23 looks "underappreciated" relative to the risks around supply chain headwinds, ESG unfavorability given its 40% oil and gas exposure, and the macro related stock pressures.

UBS Analyst Bullish On Flowserve, Sees Sharp Upside

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today the release of its 2020 Environmental, Social and Governance (ESG) Report. This report, previously known as Flowserve's Sustainability Report, details the progress of our ESG performance, our approach to building a more sustainable future, and how we're enabling our customers to achieve their sustainability goals. “While 2020

Flowserve Releases 2020 Environmental, Social and Governance (ESG) Report Highlighting Progress on ESG Initiatives

Shares can't seem to catch a bid, but we believe this down-move will be short-lived. Dividend metrics look stable across the three financial statements. Cash flow expected to improve more over the second half of the year.

Flowserve: Safe Dividend Will Entice Value Investors Before Long

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it has amended and restated its $800 million Revolving Credit Facility and added a new $300 million Term Loan Facility (together the “Senior Credit Facility”) with Bank of America, N.A. and certain other lenders. The Senior Credit Facility includes a Sustainability-Linked Option, which provides the opportunity to further lowe

Flowserve Corporation Completes New Senior Credit Facility

Flowserve (FLS) prices senior notes offerings worth $500 million. It intends on using the proceeds for redeeming senior notes due to mature in 2022 and 2023.

Flowserve (FLS) Prices Senior Notes, To Use Funds for Redemption

DALLAS--(BUSINESS WIRE)--Flowserve Corporation, (NYSE: FLS) ("Flowserve" or the "Company"), a leading provider of flow control products and services for the global infrastructure markets, today announced the pricing of a public offering of $500 million of its 2.800% senior notes due 2032. The offering is expected to close on September 23, 2021, subject to customary conditions. The notes will be general senior unsecured obligations of the Company and will rank equally in right of payment with th

Flowserve Prices Senior Notes Offering

Flowserve (FLS) is poised to gain from a healthy backlog level, solid liquidity position, and shareholder-friendly policies. Difficult original equipment end market and high debt level remains concerning.

Flowserve (FLS) Exhibits Bright Prospects Amid Headwinds

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that Scott Rowe, president and chief executive officer, will present at the 2021 RBC Capital Markets Global Industrials Virtual Conference on September 9, 2021 at 12:20 – 12:50 CDT. A webcast of Mr. Rowe's presentation will be available for shareholders and other interested parties at www.flowserve.com under the “Investor Rel

Flowserve Chief Executive Officer Scott Rowe to Present at RBC Capital Markets Global Industrials Conference

Flowserve Corporation (FLS) CEO Scott Rowe on Q2 2021 Results - Earnings Call Transcript

Flowserve's (FLS) second-quarter revenues decrease 2.9% year over year on account of its Flowserve Pump Division segment's lackluster performance.

Flowserve (FLS) Q2 Earnings Miss Estimates, Revenues Beat

Flowserve (FLS) delivered earnings and revenue surprises of -13.95% and 0.76%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Flowserve (FLS) Misses Q2 Earnings Estimates

Shares of Flowserve (NYSE:FLS) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 30.19% over the past year to $0.37, which missed the estimate of $0.41.

Recap: Flowserve Q2 Earnings

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 second quarter ended June 30, 2021. Second Quarter 2021 Highlights (all comparisons to the 2020 second quarter, unless otherwise noted)1 Reported Earnings Per Share (EPS) of $0.35 and Adjusted EPS2 of $0.37 Reported EPS includes after-tax adjusted items of $2.6 million, including realignment cost

Flowserve Corporation Reports Second Quarter 2021 Results

Altra Industrial Motion

AIMC vs. FLS: Which Stock Is the Better Value Option?

AIMC vs. FLS: Which Stock Should Value Investors Buy Now?

Flowserve's (FLS) second-quarter earnings are likely to have gained from diversified business structure, solid backlog and focus on improving operational productivity.

Flowserve (FLS) to Post Q2 Earnings: Is a Beat in the Cards?

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that it plans to release its results for the second quarter 2021 after the close of the New York Stock Exchange (NYSE) on Thursday, August 5. The following morning, on Friday, August 6, the company will hold its conference call with the financial community at 11 a.m. Eastern time. Scott Rowe, president and chief executive off

Flowserve Announces Dates for Second Quarter 2021 Financial Results

Flowserve (FLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Flowserve (FLS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Colfax

CFX vs. FLS: Which Stock Is the Better Value Option?

CFX or FLS: Which Is the Better Value Stock Right Now?

The recently kicked out of the S&P 500 Flowserve has a strong and diversified business both across industries and geographies.

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