Flowserve Q2 Adj $0.73 Beats $0.63 Estimate, Sales $1.16B Beat $1.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
Flowserve (NYSE:FLS) reported strong Q2 earnings, with adjusted EPS of $0.73 beating estimates by 15.87% and sales of $1.16 billion surpassing expectations by 2.38%. Both metrics showed significant year-over-year growth.
July 29, 2024 | 9:10 pm
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Flowserve reported Q2 earnings of $0.73 per share, beating the consensus estimate of $0.63 by 15.87%. Sales also exceeded expectations, coming in at $1.16 billion. Both earnings and sales showed significant year-over-year growth.
Flowserve's strong Q2 performance, with both earnings and sales exceeding analyst expectations and showing significant year-over-year growth, is likely to positively impact the stock price in the short term.
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