Flowserve Sees FY24 Adj. EPS $2.40-$2.60 Vs $2.53 Est.
Portfolio Pulse from Benzinga Newsdesk
Flowserve projects its FY24 adjusted earnings per share (EPS) to be in the range of $2.40-$2.60, compared to the estimated $2.53.
February 20, 2024 | 9:36 pm
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Flowserve's FY24 adjusted EPS projection of $2.40-$2.60 is in line with the estimated $2.53, indicating stable financial expectations.
Flowserve's projection of its FY24 adjusted EPS closely matches the analysts' estimate of $2.53, suggesting that the company's financial performance is expected to align with market expectations. This alignment indicates a neutral impact on the stock price in the short term, as the forecast does not significantly exceed or fall short of the market estimates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100