Flowserve (FLS) Tops Q4 EPS by 8c, FY EPS Guidance Falls Short

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Go back to Flowserve (FLS) Tops Q4 EPS by 8c, FY EPS Guidance Falls Short

Flowserve Corporation Reports Fourth Quarter and Full Year 2016 Results; Issues 2017 Financial Guidance

February 16, 2017 4:07 PM EST

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 fourth quarter and full year ended December 31, 2016.

Fourth Quarter 2016 Highlights

Reported Earnings Per Share (EPS) of $0.50 includes $0.22 per share of adjusted items, as detailed below, and approximately $0.03 per share of negative currency translation Adjusted EPS[1] was $0.72 excluding the adjusted items but including the negative currency translation Adjusted items include $0.20 per share of realignment expenses and... More