Company Overview - Flowserve shares have increased by approximately 11.7% over the past month, outperforming the S&P 500 [1] - The most recent earnings report is crucial for understanding the key drivers behind this performance [1] Earnings Estimates - Estimates for Flowserve have trended downward in the past month, with a consensus estimate shift of -7.15% [2] - The stock currently holds a Zacks Rank 3 (Hold), indicating expectations for an in-line return in the coming months [4] VGM Scores - Flowserve has a Growth Score of B, but a low Momentum Score of F, while its Value Score is also B, placing it in the top 40% for this investment strategy [3] - The aggregate VGM Score for Flowserve is C, which is relevant for investors not focused on a single strategy [3] Industry Comparison - Flowserve is part of the Zacks Manufacturing - General Industrial industry, where Dover Corporation, a peer, has gained 5.2% over the past month [5] - Dover reported revenues of $1.87 billion for the last quarter, reflecting a year-over-year decline of -10.9%, with an EPS of $2.05 compared to $1.95 a year ago [5] - For the current quarter, Dover is expected to post earnings of $2.38 per share, indicating a slight increase of +0.9% from the previous year [6]
Why Is Flowserve (FLS) Up 11.7% Since Last Earnings Report?