Flowserve (FLS) Beats Q1 Earnings and Revenue Estimates

Flowserve (FLS) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 22.03%. 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 $0.77 per share when it actually produced earnings of $0.70, delive ...