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Stock impact report

Flowserve (FLS) To Report Earnings Tomorrow: Here Is What To Expect [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
Flowserve beat analysts' revenue expectations by 2.4% last quarter, reporting revenues of $1.16 billion, up 7.1% year on year. It was a stunning quarter for the company, with an impressive beat of analysts' EBITDA estimates. Is Flowserve a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Flowserve's revenue to grow 2.6% year on year to $1.12 billion, slowing from the 25.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.67 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 3 upward revisions over the last 30 days (we track 10 analysts). Flowserve has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 4.7% on average. Looking at Flowserve's peers in the industrial machinery segment, some have already reported their Q3 resul Show less Read more
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