Flowserve (FLS) Misses Q1 EPS by 11c

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Flowserve Corporation Reports First Quarter 2015 Results

April 30, 2015 4:07 PM EDT

Flowserve delivered strong adjusted gross margins; SIHI integration and synergies on track

Announces accelerated manufacturing optimization and cost reduction initiatives

Returned more than $100 million to shareholders through repurchases and dividends

Revised 2015 full year guidance reflects quarter-end FX rates and current business environment

DALLAS--(BUSINESS WIRE)-- Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today reported Adjusted1 Earnings Per Share (EPS) of $0.58 for the 2015 first... More