Flowserve Corporation Reports First Quarter 2022 Results; Updates 2022 Financial Guidance

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Flowserve (FLS) Misses Q1 EPS by 14c, Lowers FY EPS Guidance

May 2, 2022 4:14 PM EDT

Flowserve (NYSE: FLS) reported Q1 EPS of $0.07, $0.14 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $821.1 million versus the consensus estimate of $845.52 million.

GUIDANCE:

Flowserve sees FY2022 EPS of $1.50-$1.70 vs $1.77 consensus.

Revenue Growth Up... More