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FlowserveNYSE: FLS

Profile

Country:

United States

IPO:

17 March 1980

Next earnings report:

20 February 2025

Last dividends:

27 September 2024

Next dividends:

N/A
$7.87 B
-1%vs. 3y high
79%vs. sector
-42%vs. 3y high
60%vs. sector
-2%vs. 3y high
69%vs. sector
-2%vs. 3y high
57%vs. sector

Price

after hours | 24 min ago
$59.89-$0.19(-0.32%)
$1.13 B$1.21 B
$1.13 B$58.38 M

Analysts recommendations

Institutional Ownership

FLS Latest News

Flowserve: The Case For Picks And Shovels
seekingalpha.com20 November 2024 Sentiment: POSITIVE

Flowserve is yet another good example of why index exclusions tend to outperform index inclusions. Although the stock has skyrocketed over the past two years, the long-term opportunity has not been diminished. I show why the company is well-positioned to capitalize on expected oil & gas production increases over the coming years.

Flowserve Corporation (FLS) Q3 2024 Earnings Call Transcript
seekingalpha.com29 October 2024 Sentiment: POSITIVE

Flowserve Corporation (NYSE:FLS ) Q3 2024 Results Conference Call October 29, 2024 10:00 AM ET Company Participants Brian Ezzell - VP, IR, Treasurer and Corporate Finance Scott Rowe - President and Chief Executive Officer Amy Schwetz - Senior Vice President and Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Nathan Jones - Stifel Deane Dray - RBC Capital Markets Mike Halloran - Baird Andrew Obin - Bank of America Joe Giordano - TD Cowen Damian Karas - UBS Saree Boroditsky - Jefferies Joe Ritchie - Goldman Sachs Eric Look - Mizuho Operator Ladies and gentlemen, good day, and welcome to the Q3 2024 Flowserve Corporation Earnings Conference Call. Today's conference is being recorded.

Flowserve's Q3 Earnings Miss Estimates, Revenues Increase Y/Y
zacks.com29 October 2024 Sentiment: POSITIVE

FLS' third-quarter 2024 revenues increase 3.5% year over year, driven by the impressive performance of its Flowserve Pumps Division and Flow Control Division units.

Flowserve (FLS) Reports Q3 Earnings: What Key Metrics Have to Say
zacks.com28 October 2024 Sentiment: POSITIVE

Although the revenue and EPS for Flowserve (FLS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Flowserve (FLS) Misses Q3 Earnings Estimates
zacks.com28 October 2024 Sentiment: NEUTRAL

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.

Flowserve Corporation Reports Third Quarter 2024 Results; Reaffirms 2024 Adjusted EPS Guidance
businesswire.com28 October 2024 Sentiment: POSITIVE

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 its financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights (all comparisons to the 2023 third quarter, unless otherwise noted) Total bookings were $1.20 billion, up $136.1 million or 12.7%. On a constant currency basis4, total bookings were up $142.8 mill.

Flowserve (FLS) Is Up 4.57% in One Week: What You Should Know
zacks.com18 October 2024 Sentiment: POSITIVE

Does Flowserve (FLS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Flowserve Corporation: Capitalize On Booming End-Market Trends And Solid Execution
seekingalpha.com18 October 2024 Sentiment: POSITIVE

Flowserve, a $7.2 billion leader in flow control systems, is essential for optimizing fluid management in key industries like oil and gas, water management, and power production. FLS's Q2 results reveal topline growth to $1.16 billion, driven by strong demand in oil and gas, chemicals, and power generation, with a robust backlog of $2.7 billion. Internally, margin expansion continues, supported by the Company's 'excellence program,' aiming for a 200 basis point improvement by 2027. This is coupled with a sound strategy of widening the equity-debt gap.

Flowserve: More Room To Run Despite The Stock's Recent Rally
seekingalpha.com18 October 2024 Sentiment: POSITIVE

I expect the MOGAS acquisition and the strong revenue and profitability growth to sustain Flowserve's momentum, despite cash flow concerns. Free cash flow dropped by 480% in Q2, but management projects 80%+ cash flow conversion by year-end. Net debt declined 11%, showing a healthy balance sheet with decent liquidity ratios, including a current ratio of 2.0 and a quick ratio of 1.4.

Flowserve Acquires MOGAS Industries & Enhances Product Portfolio
zacks.com17 October 2024 Sentiment: POSITIVE

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

What type of business is Flowserve?

Flowserve Corporation is one of the leading companies in the production of industrial equipment for flow control, based in Irving, Texas. The company was created in 1997 as a result of the merger of two leading companies in fluid motion and control - BW/IP and Durco International. The FPD segment manufactures and distributes custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, parts, and related aftermarket services. The FCD segment produces a wide range of engineering and industrial valves, actuators, control instruments, and related equipment, as well as provides equipment maintenance services for flow control systems, including advanced diagnostics, upgrade programs, and on-site processing capabilities.

What sector is Flowserve in?

Flowserve is in the Industrials sector

What industry is Flowserve in?

Flowserve is in the Specialty Industrial Machinery industry

What country is Flowserve from?

Flowserve is headquartered in United States

When did Flowserve go public?

Flowserve initial public offering (IPO) was on 17 March 1980

What is Flowserve website?

https://www.flowserve.com

Is Flowserve in the S&P 500?

No, Flowserve is not included in the S&P 500 index

Is Flowserve in the NASDAQ 100?

No, Flowserve is not included in the NASDAQ 100 index

Is Flowserve in the Dow Jones?

No, Flowserve is not included in the Dow Jones index

When was Flowserve the previous earnings report?

No data

When does Flowserve earnings report?

The next expected earnings date for Flowserve is 20 February 2025