Flowserve's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Flowserve (NYSE:FLS) is scheduled to release its quarterly earnings report on 2024-02-20, with analysts estimating an EPS of $0.60. The company's past performance shows a trend of beating EPS estimates, leading to positive stock price movements. Shares are currently trading at $42.98, up 23.06% over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
February 19, 2024 | 3:01 pm
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Flowserve is anticipated to report a quarterly EPS of $0.60, with a history of surpassing estimates. The stock has seen a 23.06% increase over the past year, indicating a positive outlook among investors.
Flowserve's history of beating EPS estimates and the subsequent positive stock price movements suggest a likely continuation of this trend. The anticipation of positive guidance for future growth further supports a positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100