Flowserve (FLS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended March 2024, Flowserve (FLS) reported revenue of $1.09 billion, up 10.9% over the same period last year. EPS came in at$ 0.58, compared to $0.40 in the year-ago quarter.The reported revenue represents a surprise of +4.81% over the Zacks Consensus Estimate of$ 1.04 billion. With the consensus EPS estimate being $0.47, the EPS surprise was +23.40%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expecta ...