Flowserve (FLS) Misses Q1 EPS by 19c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/31/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. GILD
9. SBUX
10. SNDK

Go back to Flowserve (FLS) Misses Q1 EPS by 19c

Flowserve Corporation Reports First Quarter 2020 Results and Updates COVID-19 Response

May 7, 2020 4:07 PM EDT

Taking action in response to COVID-19 while executing on Flowserve 2.0 transformation Bookings of $976.9 million produced a book-to-bill over 1.09 and backlog growth of 1.2% First Quarter GAAP EPS was break-even, and Adjusted EPS of $0.21, reflecting significant impact of COVID-19 and associated temporary site closures of approximately $0.19 per share Delivered solid free cash flow of $30 million in seasonally weak first quarter with continued strong liquidity in excess of $1.3 billion Initiating $100 million of aggressive cost actions,... More