One company that continues to defy my expectations is Flowserve Corporation (NYSE: FLS ). For those not familiar with the business, it serves as a producer and aftermarket service provider of flow control systems. This is a technology that is used toCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model accoun ...

COMPANY ANNOUNCEMENT NO. 13-2024 20 December 2024, Copenhagen, Denmark The FLSmidth & Co. A/S Board of Directors announces the following proposed changes to the Board ahead of the Annual General Meeting on 2 April 2025: Current Vice Chair, Mads Nipper, is proposed to be elected as Chair of the Board, succeeding the current Chair, Tom Knutzen, who has decided to not seek re-electionChristian Bruch is proposed elected as a new member of the Board and assume the role of Vice ChairRune Wichmann and Lars Engstr ...

PRESS RELEASE 17 December 2024, Copenhagen, Denmark FLSmidth announces that Joshua Meyer, President, Mining Service Business Line and Annette Terndrup, Group General Counsel, are stepping down from their roles and will be leaving the company. Josh will be leaving FLSmidth at the end of December 2024 and Annette’s last day with FLSmidth will be at the end of February 2025. The process of identifying Josh’s replacement is ongoing and is expected to be concluded in the near future. As part of the continued im ...

Flowserve Corporation (FLS) has been benefiting from solid bookings, driven by strong original equipment and aftermarket activity. Solid booking levels highlight strength across the company’s end markets. FLS’ Diversify, Decarbonize and Digitize strategy has also been supporting its growth. Notably, its third-quarter 2024 bookings of $1.2 billion marked the eleventh consecutive quarter of more than $1 billion bookings.Strength across its original equipment and aftermarket businesses is supporting both the F ...

Vladimir Dimitrov, CFA is a former strategy consultant within the field of brand and intangible assets valuation. During his career in the City of London he has been working with some of the largest global brands within the technology, telecom and banking sectors.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CVX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (ot ...

Flowserve Corporation (NYSE:FLS) Q3 2024 Results Conference Call October 29, 2024 10:00 AM ET Company Participants Brian Ezzell - VP, IR, Treasurer and Corporate Finance Scott Rowe - President and Chief Executive Officer Amy Schwetz - Senior Vice President and Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Nathan Jones - Stifel Deane Dray - RBC Capital Markets Mike Halloran - Baird Andrew Obin - Bank of America Joe Giordano - TD Cowen Damian Karas - UBS Saree Boroditsky - Je ...

Flowserve Corporation's (FLS) third-quarter 2024 adjusted earnings (excluding 18 cents from non-recurring items) of 62 cents per share missed the Zacks Consensus Estimate of 67 cents. The bottom line increased 24% year over year. Results benefited primarily from higher revenues generated in the quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Flowserve's total revenues of $1,133 million beat the consensus estimate of $1,127 million. The top line increased 3.5% year over yea ...

For the quarter ended September 2024, Flowserve (FLS) reported revenue of $1.13 billion, up 3.5% over the same period last year. EPS came in at $0.62, compared to $0.50 in the year-ago quarter.The reported revenue represents a surprise of +0.52% over the Zacks Consensus Estimate of $1.13 billion. With the consensus EPS estimate being $0.67, the EPS surprise was -7.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Flowserve (FLS) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.46%. A quarter ago, it was expected that this company that makes pumps, valves and other parts for the oil and gas industries would post earnings of $0.63 per share when it actually produced earnings of $0.73, deliveri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13179 FLOWSERVE CORPORATION (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------------------- ...