Close

Flowserve (FLS) Misses Q2 EPS by 4c, Updates Guidance

August 5, 2021 4:53 PM EDT

Flowserve (NYSE: FLS) reported Q2 EPS of $0.37, $0.04 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $898.2 million versus the consensus estimate of $896.32 million.

Revised 2021 Guidance:

Flowserve today raised certain of the full-year metrics of our 2021 target range.

Revised Target Range

Prior Target Range

Revenues

Down 2.0% to 4.0%

Down 3.0% to 5.0%

Adjusted Earnings Per Share

$1.45 - $1.65

$1.40 - $1.60

Adjusted Tax Rate

21%-23%

22%-24%

For earnings history and earnings-related data on Flowserve (FLS) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Guidance

Related Entities

Earnings