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0 -0.000935135594661221 0.000425061633936897 -8.50123267874276E-05 0.0076511094108645 0.00867125733231315 0.0179376009521381 0.00569582589475475
Stock impact report

Flowserve's Q4 Earnings Miss Estimates, Revenues Increase Y/Y [Yahoo! Finance]

Flowserve Corporation (FLS) 
Last flowserve corporation earnings: 2/17 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.flowserve.com
Company Research Source: Yahoo! Finance
The bottom line increased 2.9% year over year. Results benefited primarily from higher revenues generated in the quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Flowserve's total revenues of $1.18 billion missed the consensus estimate of $1.21 billion. The top line however increased 1.3% year over year. Aftermarket sales increased 4% year over year while Original equipment sales declined 2% year over year. Total bookings amounted to $1.2 billion, reflecting an increase of 12.6% year over year. The backlog at the end of the quarter was $2.8 billion, up 3.5% year over year. For 2024, FLS reported net revenues of $4.56 billion, which increased 5.5% year over year. The company's adjusted earnings were $2.63 per share, up 25.2% year over year. Segmental Details of FLS Flowserve currently has two reportable segments, Flowserve Pump Division and Flow Control Division. A brief discussion of the segments is provided below: Revenues from the Flo Show less Read more
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