Flowserve (FLS) Tops Q3 EPS by 6c, Revenues Beat; Offers FY18 EPS Outlook In-Line with Consensus

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Go back to Flowserve (FLS) Tops Q3 EPS by 6c, Revenues Beat; Offers FY18 EPS Outlook In-Line with Consensus

Flowserve Corporation Reports Third Quarter 2018 Results

November 7, 2018 4:13 PM EST

DALLAS--(BUSINESS WIRE)-- Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the third quarter ended September 30, 2018.

Third Quarter 2018 Highlights (all comparisons to the 2017 third quarter, unless otherwise noted)

Reported Earnings Per Share (EPS) of $0.21 and Adjusted EPS[1] of $0.49 Reported EPS includes pre-tax adjusted items of approximately $47 million, primarily related to realignment and transformation expenses, a loss on previously announced divestitures and below-the-line foreign exchange impacts... More