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Stock impact report

Flowserve: Performing Strong On Its Own [Seeking Alpha]

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: Seeking Alpha
FLS delivered accelerating Q3 growth, highlighted by strong nuclear bookings, improved margins, and a raised full-year EPS outlook to $3.40-3.50. Resolution of asbestos liabilities and a bolt-on acquisition support a cleaner balance sheet and incremental sales, but recent valuation multiples have expanded to 20x earnings. While nuclear momentum and backlog growth are promising, current investor enthusiasm appears aggressive, warranting a cautious stance at these levels. Looking for a helping hand in the market? Members of Value In Corporate Events get exclusive ideas and guidance to navigate any climate. Learn More » PK24/E+ via Getty Images Early in August I concluded that Flowserve ( FLS ) was continuing alone without Chart Industries ( GTLS ) after the company decided to drop out of a bidding war for the latter business. The company decided to pocket a $266 More on my IG service If you like to see more ideas, please subscribe to the premium service "Value in Corpor Show less Read more
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