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Stock impact report

Flowserve Corporation Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance [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
Raised full-year 2024 Adjusted EPS guidance to $2.50 to $2.70, almost a 24% year-over-year increase at the midpoint Delivered solid first quarter Bookings of $1.04 billion, including strong aftermarket activity exceeding $575 million Adjusted Gross and Operating Margin of 31.7% and 10.9%, respectively, increased 130 and 260 basis points compared to prior year Record first quarter Operating Cash Flow of $62 million DALLAS, April 29, 2024 BUSINESS WIRE )--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights (all comparisons to the 2023 first quarter, unless otherwise noted) Reported EPS of $0.56 and Adjusted EPS of $0.58, compared to $0.20 and $0.40, respectively First quarter 2024 Reported EPS includes after-tax adjusted expenses of $3.2 million, comprised of realignment charges, part Show less Read more
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