Flowserve (FLS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
FLS gains from strong bookings and the MOGAS acquisition, but rising costs and high debt weigh on investor sentiment.
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The $19 billion deal will bring together two manufacturers of industrial processing equipment.
Flowserve (FLS) reported earnings 30 days ago. What's next for the stock?
Investors need to pay close attention to Flowserve (FLS) stock based on the movements in the options market lately.
FLS is set to benefit from strength across its segments. Shareholder-friendly policies add to the stock's appeal.
Contrary to the sentiment from a couple of years ago, Flowserve stock is now outperforming the broader equity market. In spite of short-term volatility, the stock will continue to benefit from a multi-year trend of higher investments in the Energy sector. Improved efficiency and realized economies of scale will continue to be the key drivers of Flowserve's future valuation multiples.
Flowserve Corporation (NYSE:FLS ) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET Company Participants Brian Ezzell - VP, IR, Treasurer and Corporate Finance Scott Rowe - President and CEO Amy Schwetz - CFO Conference Call Participants Andy Kaplowitz - Citigroup Mike Halloran - Baird Deane Dray - RBC Capital Markets Nathan Jones - Stifel Joe Giordano - TD Cowen Operator Good day and welcome to the Flowserve First Quarter 2025 Earnings Call. Today's conference is being recorded.
FLS' first-quarter 2025 revenues increase 5.2% year over year, driven by the impressive performance of its Flowserve Flow Control Division unit.
While the top- and bottom-line numbers for Flowserve (FLS) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Flowserve (FLS) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.58 per share a year ago.