Flowserve (FLS) Tops Q2 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 15.87%. 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 $0.47 per share when it actually produced earnings of $0.58, delivering a surprise of 23.40%. Flowserve, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.16 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.09%. This compa ...