Flowserve (FLS) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.72 per share a year ago.
Flowserve's stock has more than doubled over the past 5-year period, thus outperforming the S&P 500. The current fiscal year is gearing up to be yet another strong period for the company, with margins anticipated to reach a new record high. Bolt-on acquisitions would continue to play a key role for growth as Flowserve's management remains disciplined.
Cwm LLC lessened its holdings in shares of Flowserve Corporation (NYSE: FLS) by 27.2% in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,033 shares of the industrial products company's stock after selling 19,776 shares during the
Flowserve (FLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Flowserve (FLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
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Here is how Flowserve (FLS) and Powell Industries (POWL) have performed compared to their sector so far this year.
Flowserve (FLS) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Bridgefront Capital LLC acquired a new position in shares of Flowserve Corporation (NYSE: FLS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,692 shares of the industrial products company's stock, valued at approximately $568,000. Several other hedge funds
Shares of Flowserve Corporation (NYSE: FLS - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the twelve brokerages that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on
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