Flowserve (FLS) Misses Q3 EPS by 10c

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Flowserve Corporation Reports Third Quarter 2016 Results

October 27, 2016 4:07 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 third quarter ended September 30, 2016.

Third Quarter 2016 Highlights [1]:

Reported Loss Per Share of $0.16 includes $0.68 per share of adjusted items, as detailed below, and approximately $0.02 per share of negative currency translation Adjusted Earnings Per Share (EPS)[2] was $0.52, excluding the adjusted items but including the negative currency translation Adjusted items includes $0.47 per share... More