Flowserve Corporation Reports Second Quarter 2016 Results

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Flowserve (FLS) Misses Q2 EPS by 3c, Comments on Realignment Program

July 28, 2016 4:46 PM EDT

Flowserve (NYSE: FLS) reported Q2 EPS of $0.57, $0.03 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1 billion.

GUIDANCE:

Flowserve sees FY2016 EPS of $2.40-$2.60, versus the consensus of $2.50.

Realignment Program

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