Flowserve Gains From Business Strength & Buyouts Amid Headwinds [Yahoo! Finance]
Flowserve Corporation (FLS)
Last flowserve corporation earnings: 2/17 04:20 pm
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Source: Yahoo! Finance
persistent strength across its Pump Division and Flow Control Division segments. Strength across the company's original equipment and aftermarket businesses is supporting both the Pump Division (revenues increased 2.1% year over year in the third quarter) and Flow Control Division (revenues grew 6.8% year over year in the third quarter) segments. For 2024, Flowserve projects revenues to grow in the range of 4-6% from the year-ago level. It anticipates adjusted earnings per share to be between $2.60 and $2.75. The company intends to strengthen and expand its businesses through acquisitions. In October 2024, FLS completed the acquisition of MOGAS Industries. The MOGAS acquisition will augment Flowserve's existing valve and automation product portfolio and accelerate its 3D growth strategy by significantly boosting its direct mining and mineral extraction exposure. Also, in July 2024, it acquired the intellectual property and in-process R&D related to cryogenic liquefied natural gas
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FLS
News
- Flowserve Co. (NYSE: FLS) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
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- Saudi Arabia Deep Well Submersible Pumps Market Valuation Set to Worth Over USD 93.57 Million By 2033 | Borewell Applications and Agriculture Sector to Remain Largest Contributor Says Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Flowserve (NYSE:FLS) Has Announced A Dividend Of $0.21 [Yahoo! Finance]Yahoo! Finance
- Flowserve Co. (NYSE: FLS) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
FLS
Earnings
- 10/28/24 - Miss
FLS
Sec Filings
- 12/4/24 - Form SCHEDULE
- 11/12/24 - Form 4
- 11/8/24 - Form SC
- FLS's page on the SEC website