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

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

Flowserve Corporation Reports Second Quarter 2016 Results

July 28, 2016 4:08 PM EDT

DALLAS--(BUSINESS WIRE)-- Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today reported its financial results for the second quarter ended June 30, 2016.

Second Quarter 2016 Highlights [1]:

Reported Earnings Per Share of $0.48 includes $0.09 per share of adjusted items, as detailed herein, and approximately $0.01 per share of negative currency translation Adjusted Earnings Per Share (EPS)[2] was $0.57, excluding the adjusted items but including the negative currency translation Sales were... More