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

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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 (FLS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Flowserve Corporation (FLS) Hit a 52 Week High, Can the Run Continue?

Flowserve (FLS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Flowserve (FLS) Soars 7.3%: Is Further Upside Left in the Stock?

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Nordson

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Flowserve (FLS) and Nordson (NDSN). But which of these two stocks is more attractive to value investors?

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

Investors need to pay close attention to Flowserve (FLS) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Flowserve (FLS) Stock?

FLS is likely to benefit from strength across its end markets, solid backlog level, acquired assets and shareholder-friendly policies.

Here's Why You Should Consider Investing in Flowserve Stock Now

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Here's Why Flowserve (FLS) is a Strong Value Stock

Flowserve (FLS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Flowserve (FLS) Upgraded to Buy: Here's Why

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on October 11, 2024, to shareholders of record as of the close of business on September 27, 2024. While Flowserve currently intends to pay regular quarterly cash divide.

Flowserve Announces Quarterly Cash Dividend of $0.21 Per Share

Flowserve (FLS) is set to strengthen its product offerings and boost its position in the mining, mineral extraction and process industries with the acquisition of MOGAS.

Flowserve (FLS) to Acquire MOGAS & Boost Product Portfolio

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it has signed a definitive agreement (the “Agreement”) to acquire MOGAS Industries (“MOGAS”), a privately held, Houston-based provider of mission-critical severe service valves and associated aftermarket services for $290 million with a potential $15 million earnout (the “Transaction”). The Transaction is e.

Flowserve to Acquire MOGAS Industries, Accelerating 3D Growth Strategy

Flowserve (FLS) is set to benefit from strength in the Flowserve Pump Division and Flow Control Division segments. However, increasing costs remain a concern.

Flowserve (FLS) Exhibits Strong Prospects Despite Headwinds

Flowserve's (FLS) second-quarter 2024 revenues increase 7.1% year over year, driven by the impressive performance of its Pump Division and Flow Control Division units.

Flowserve (FLS) Q2 Earnings & Revenues Top Estimates, Rise Y/Y

Flowserve Corporation (NYSE:FLS ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Jay Roueche - Vice President, Treasurer and Investor Relations Scott Rowe - President and Chief Executive Officer Amy Schwetz - Senior Vice President and Chief Financial Officer Conference Call Participants Mike Halloran - Baird Joe Giordano - TD Cowen Andy Kaplowitz - Citigroup Deane Dray - RBC Capital Markets Damian Karas - UBS Nathan Jones - Stifel Brett Linzey - Mizuho Eric Look - Mizuho Joe Ritchie - Goldman Sachs Operator Good day, and welcome to the Second Quarter 2024 Flowserve Corporation Earnings Conference Call. Today's conference is being recorded.

Flowserve Corporation (FLS) Q2 2024 Earnings Call Transcript

Flowserve Corporation reported Q2 financial results, with revenue slightly below expectations but adjusted earnings exceeding forecasts. Management increased guidance for adjusted earnings per share for the year, showing a positive trend in profitability metrics. Despite ambitious goals and an upward revision in earnings, shares are not cheap enough to upgrade from a 'hold' rating.

Flowserve: Mixed Q2 Results Hints At Limited Upside

While the top- and bottom-line numbers for Flowserve (FLS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Flowserve (FLS) Reports Q2 Earnings: What Key Metrics Have to Say

Flowserve (FLS) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.52 per share a year ago.

Flowserve (FLS) Tops Q2 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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights (all comparisons to the 2023 second quarter, unless otherwise noted) Reported EPS of $0.55 and Adjusted EPS of $0.73, compared to $0.39 and $0.52, respectively Second quarter 2024 Reported EPS includes after-tax adjusted expenses.

Flowserve Corporation Reports Second Quarter 2024 Results; Raises Full-Year Adjusted EPS

Beyond analysts' top -and-bottom-line estimates for Flowserve (FLS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

Countdown to Flowserve (FLS) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (“Flowserve”) (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, has acquired the intellectual property and in-process R&D related to cryogenic Liquefied Natural Gas (LNG) submerged pump technology, systems and packaging from NexGen Cryogenic Solutions, Inc. (“NexGen Cryo”), a privately held, Arizona-based company specialized in the engineering, design and testing of LNG pumps and turbin.

Flowserve Acquires LNG Pumping Technology from NexGen Cryo to Accelerate Decarbonization Growth Strategy

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Flowserve (FLS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Flowserve (FLS) Upgraded to Strong Buy: Here's What You Should Know

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that it plans to release its second quarter 2024 results after the close of the New York Stock Exchange (NYSE) on Monday, July 29. The following morning, on Tuesday, July 30, the company will hold its conference call with the financial community at 10 a.m. Eastern time. Scott Rowe, President and Chief Executive Officer, and ot.

Flowserve Announces Dates for Second Quarter 2024 Financial Results

Investors with an interest in Manufacturing - General Industrial stocks have likely encountered both Flowserve (FLS) and Nordson (NDSN). But which of these two stocks offers value investors a better bang for their buck right now?

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

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We have narrowed our search to five general industrial manufacturing stocks with strong potential for 2024. These stocks are: AIT, TNC, CR, IR, FLS.

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