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Flowserve Corp (FLS.N)

FLS.N on New York Stock Exchange

43.47USD
13 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Flowserve - New 4-Year Financial Targets Include Average Revenue Growth Of 200 Basis Points Above Market Levels Through 2022
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Flowserve Corp ::NEW 4-YEAR FINANCIAL TARGETS INCLUDE AVERAGE REVENUE GROWTH OF 200 BASIS POINTS ABOVE MARKET LEVELS THROUGH 2022.SEES FREE CASH FLOW GENERATION OF 100%+ OF NET INCOME IN FULL YEAR 2022.SEES RETURN ON INVESTED CAPITAL BETWEEN 15%-20% IN 2022.REITERATING 2018 FINANCIAL GUIDANCE.FLOWSERVE - PLANS TO COMBINE INDUSTRIAL PRODUCT AND ENGINEERED PRODUCT DIVISION SEGMENTS INTO A SINGLE FINANCIAL REPORTING SEGMENT IN 2019.FY2018 EARNINGS PER SHARE VIEW $1.74, REVENUE VIEW $3.91 BILLION -- REFINITIV IBES DATA.NEW SINGLE FINANCIAL REPORTING SEGMENT TO BE KNOWN AS FLOWSERVE PUMPS DIVISION.FLOWSERVE - DAVID J. WILSON, CURRENT PRESIDENT OF INDUSTRIAL PRODUCT DIVISION, WILL LEAD NEW FLOWSERVE PUMPS OPERATION.  Full Article

Flowserve Q2 Adjusted Earnings Per Share $0.41
Wednesday, 8 Aug 2018 

Flowserve Corp ::ORATION REPORTS SECOND QUARTER 2018 RESULTS.Q2 SALES $973 MILLION VERSUS I/B/E/S VIEW $923.9 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.QTRLY EARNINGS PER SHARE $0.10.BACKLOG AT JUNE 30, 2018 WAS $1.8 BILLION.  Full Article

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 says awarded supply pumping contract for Hengli integrated refining complex
Thursday, 16 Feb 2017 

Flowserve Corp : Flowserve awarded significant contract to supply pumping equipment for Hengli integrated refining complex .Flowserve corp - order close to $80 million to provide pumps and ebulators for Hengli integrated refining complex project.  Full Article