FLS News and Press, Flowserve Corporation From 02/20/23

Flowserve ( NYSE: FLS ) is scheduled to announce Q4 earnings results on Tuesday, February 21st, after market close. The consensus EPS Estimate is $0.54 (+20.0% Y/Y) and the consensus Revenue Estimate is $1.01B (+9.8% Y/Y). Over the last 2 years, FLS has beaten EPS estimates ...

Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced today that Scott Rowe, president and chief executive officer, will participate in a fireside chat at the 33rd Annual Pump, Valve and Water Systems Symposium ...

Summary ITT delivered strong revenue growth in the fourth quarter, as later-cycle end-markets accelerated, as well as margin leverage. Management remains cautious about the second half of 2023, calling for a broad-based deceleration. ITT has been gaining share in multiple markets an...

Flowserve ( NYSE: FLS ) said Friday it agreed to acquire Velan ( OTCPK:VLNSF ), a Canadian manufacturer of industrial valves, in a deal valued at $245M, including the purchase of all issued and outstanding Velan equity for $209M and the assumption of $36.3M in outstanding gross de...

Flowserve expects fourth quarter 2022 bookings of $1.1 billion, revenues of approximately $1.0 billion and Adjusted EPS [1] of 59 to 63 cents Initiates 2023 guidance metrics, excluding contribution from Velan acquisition which was announced separately today Expects 2023 re...

Accelerates Flowserve’s 3D Strategy and provides meaningful aftermarket revenues Velan brings a highly complementary valve portfolio to Flowserve’s FCD segment Transaction expected to be accretive to Flowserve’s Adjusted EPS in first full year after close ...

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Flowserve ( NYSE: FLS ) on Monday was upgraded to Buy from an investment rating of Neutral by analysts at Bank of America. They said the maker of pumps and other equipment was undervalued and was poised to benefit from U.S. incentives for clean energy. “Flowserve ( FLS ) is...

Summary Flowserve Corporation has had a great run in recent months, even as some of its fundamental data has been disappointing. I clearly underestimated the company previously, but this doesn't mean it still offers a good opportunity for investors. The picture could change, but for...

Summary Evoqua Water Technologies continues to generate strong sales, profit, and cash flow growth. This trend will probably continue, but it's important to keep in mind the price being paid for growth. At the end of the day, shares aren't affordably priced at this point in time. ...