Flowserve Corp <FLS.N> expected to post earnings of 63 cents a share - Earnings Preview
Flowserve Corp FLS.N, FLS is expected to show a rise in quarterly revenue when it reports results on July 29 for the period ending January 1 0001
The Irving Texas-based company is expected to report a 4.5% increase in revenue to $1.129 billion from $1.08 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.
LSEG's mean analyst estimate for Flowserve Corp is for earnings of 63 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Flowserve Corp is $56.00, above its last closing price of $50.69.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | 0.47 | 0.47 | 0.58 | Beat | 23.4 |
Dec. 31 0001 | 0.61 | 0.60 | 0.68 | Beat | 13 |
Sep. 30 2023 | 0.43 | 0.43 | 0.50 | Beat | 17.4 |
Jun. 30 2023 | 0.41 | 0.40 | 0.52 | Beat | 28.8 |
Mar. 31 2023 | 0.25 | 0.25 | 0.40 | Beat | 58.6 |
Dec. 31 2022 | 0.61 | 0.53 | 0.63 | Beat | 19.1 |
Sep. 30 2022 | 0.24 | 0.23 | 0.09 | Missed | -60.3 |
Jan. 1 0001 | 0.26 | 0.26 | 0.30 | Beat | 17.5 |
This summary was machine generated July 26 at 22:28 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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