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0.000167028561884049 0 0.000918657090362447 0.000751628528478398 -0.010021713713045 -0.0103557708368132 -0.0145314848839152 -0.0145314848839152
Stock impact report

Flowserve (FLS) Stock Trades Down, Here Is Why [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
Shares of flow control equipment manufacturer Flowserve (NYSE:FLS) fell 9.8% in the pre-market session after the company reported disappointing fourth-quarter results: Its EPS missed significantly, and its revenue fell short of Wall Street's estimates. On the other hand, Flowserve blew past analysts' backlog expectations this quarter. Still, this was a weaker quarter. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Flowserve? Access our full analysis report here, it's free What The Market Is Telling Us Flowserve's shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. Flowserve is up 3% since the beginning of the year, and at $59.07 per share, it is trading close to its 52 Show less Read more
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