Flowserve (FLS) Misses Q4 Earnings and Revenue Estimates

Flowserve (FLS) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.09%. 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 $0.67 per share when it actually produced earnings of $0.62, deliveri ...