Flowserve (FLS) Reports In-Line Q4 EPS, Revenue Misses, Guidance Comes in Light
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Flowserve Corporation Reports Fourth Quarter and Full Year 2018 Results; Issues 2019 Financial Guidance
February 20, 2019 4:12 PM ESTStrong bookings growth for the fourth quarter and full year Significant quarterly expansion in gross and operating margins Continued progress on Flowserve 2.0 transformation
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 fourth quarter and full year ended December 31, 2018.
Fourth Quarter 2018 Highlights (all comparisons to the 2017 fourth quarter, unless otherwise noted)
Reported Earnings Per Share (EPS) of $0.48 and Adjusted EPS[1] of $0.58... More