The upcoming earnings report for Flowserve Corporation (FLS) is set for Tuesday, April 28th. Analysts estimate an EPS of $0.82 for this quarter.
Flowserve Corporation (FLS) is currently priced at $84.83, showing a decrease of $3.09 (-3.51%) from the previous close at $87.92. Trading volume is higher than average at $589,614, reflecting investor interest.
The latest quarterly earnings call for FLS was held on Wednesday, February 4th, with a consensus EPS estimate of $0.94. Further details on revenue and earnings are awaited.
FLS offers a forward dividend yield of 1.04%, with a dividend per share of 22 cents MRQ and 85 cents TTM.
Operating cash flow stands at -$173,999, with a net change in cash of -$73.66 million. Cash at the end of the period is $760.18 million.
FLS reported a revenue of $1.22 billion with a gross profit of $425.36 million. The company faced a net loss of $29.00 million, translating to an EPS of -23 cents.
Key ratios show FLS has a gross profit margin of 34.8%, return on assets of -0.51%, and a debt-equity ratio of 87.15%.
The balance sheet reveals total assets of $5.71 billion, total liabilities of $3.45 billion, and net debt of $1.15 billion for Flowserve Corporation.
This report provides a comprehensive overview of FLS's financial status, highlighting key metrics and upcoming events.
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.