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Flowserve Corp (FLS.N)

FLS.N on New York Stock Exchange

45.05USD
16 Jan 2018
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$1.05 (+2.39%)
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Latest Key Developments (Source: Significant Developments)

Edgepoint Investment Group Reports 10.4 Percent Passive Stake In Flowserve Corporation ‍​
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Flowserve Corp ::EDGEPOINT INVESTMENT GROUP REPORTS 10.4 PERCENT PASSIVE STAKE IN FLOWSERVE CORPORATION AS OF NOV 30 - SEC FILING‍​ ‍​.  Full Article

Flowserve Corp reports Q3 adjusted earnings per share $0.37
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Flowserve Corp :Flowserve Corp reports third quarter 2017 results.Q3 sales $883 million versus I/B/E/S view $871.8 million.Q3 adjusted earnings per share $0.37.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Flowserve Corp - qtrly ‍reported earnings per share(EPS) of $0.36​.Flowserve Corp - qtrly ‍total bookings were $893 million, down 6.9%, or 8.6% on a constant currency basis​.Flowserve Corp - ‍backlog at September 30, 2017 was $2.1 billion, up 12.5% versus 2016 year-end​.Flowserve Corp - qtrly ‍results impacted by working capital reserves and bookings headwinds from ongoing delays in customer final investment decisions​.Flowserve Corp - now expects 2017 reported and adjusted EPS target ranges of $1.05 to $1.15 and $1.30 to $1.40, respectively​.Flowserve Corp - ‍both 2017 EPS target ranges are based on an expected 7 to 9 percent decline in revenues year-over-year​.  Full Article

Flowserve announces quarterly cash dividend of $0.19 per share
Wednesday, 6 Sep 2017 

Sept 5 (Reuters) - Flowserve Corp :Flowserve announces quarterly cash dividend of $0.19 per share.  Full Article

Flowserve Q1 earnings per share $0.11
Monday, 1 May 2017 

May 1 (Reuters) - Flowserve Corp ::Flowserve Corp reports first quarter 2017 results.Q1 earnings per share $0.11.Q1 sales $864 million versus I/B/E/S view $813.8 million.Q1 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $0.25 excluding items.Flowserve Corp - reaffirmed its 2017 guidance.Qtrly total bookings were $958 million, up 5.3% on a constant currency basis.Flowserve Corp - backlog at march 31, 2017 was $2.0 billion.Remains on track to achieve total expected program savings of $230 million in 2018.  Full Article

Flowserve Corp says Mark A. Blinn to resign as president and CEO and as a member of the board
Thursday, 22 Sep 2016 

Flowserve Corp : Says to ensure an orderly transition, mr. Blinn will remain in those roles until appointment of his successor . Mark a. Blinn will resign from his positions as president and chief executive officer and as a member of the board - sec filing . If resignation date is prior to march 31, 2017, blinn will remain employed with the company as a special advisor until march 31, 2017 .Board may extend blinn's retirement date and/or the resignation date after march 31, 2017 for a period not to exceed 90 days.  Full Article

Flowserve Corp says Q2 earnings per share $0.48
Thursday, 28 Jul 2016 

Flowserve Corp : Backlog at june 30, 2016 was $2.10 billion, down 3.2% versus year-end 2015 . Continues to expect full year 2016 incremental savings of approximately $100 million through its realignment program . For full year 2016 continues to expect to incur realignment charges of approximately $160 million . Fy2016 earnings per share view $2.50, revenue view $4.07 billion -- Thomson Reuters I/B/E/S . Qtrly total bookings were $975 million, down 10.1% on a constant currency basis, and up 4.0% sequentially on a constant currency basis . In 2016 q2, flowserve realized cost savings of approximately $27 million through its realignment program . Flowserve corporation reports second quarter 2016 results . Q2 earnings per share $0.48 . Q2 sales $1.03 billion versus i/b/e/s view $1 billion . Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S . Reaffirms fy 2016 earnings per share view $2.40 to $2.60 including items . Q2 adjusted earnings per share $0.57 . Tightened its 2016 adjusted eps target range of $2.40 to $2.60 per share . Reaffirming 2016 expected revenues declining 7 to 14 percent year-over-year .Expects its full year 2016 adjusted eps to be weighted toward second half of year.  Full Article

Flowserve Corp Reaffirms FY 2016 guidance
Thursday, 28 Apr 2016 

Flowserve:reaffirmed its 2016 Adjusted EPS target range of $2.40 to $2.75 with expected revenues declining 7 to 14 percent year-over-year, including a forecasted 2 percent currency headwind.expects FY 2016 Adjusted EPS to be weighted toward the second half of 2016, reflecting normal seasonality.  Full Article

Flowserve Corp Reaffirms FY 2016 guidance
Thursday, 18 Feb 2016 

Flowserve Corp:Reaffirmed FY 2016 Adjusted EPS target range of $2.40 to $2.75 with expected revenues declining 7 to 14 percent year-over-year, including a forecasted 2 percent currency headwind.  Full Article

BRIEF-Edgepoint Investment Group Reports 10.4 Percent Passive Stake In Flowserve Corporation ‍​

* EDGEPOINT INVESTMENT GROUP REPORTS 10.4 PERCENT PASSIVE STAKE IN FLOWSERVE CORPORATION AS OF NOV 30 - SEC FILING‍​ ‍​ Source text : [http://bit.ly/2y8isLN] Further company coverage: