SPX4,280.15+72.88 1.73%
DIA337.83+4.12 1.23%
IXIC13,047.19+267.27 2.09%

Flowserve: Q2 Earnings Insights

Flowserve (NYSE:FLS) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Flowserve beat estimated earnings by 20.0%, reporting an EPS of $0.3 versus an estimate of $0...

Benzinga · 07/27/2022 18:04

Flowserve (NYSE:FLS) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Flowserve beat estimated earnings by 20.0%, reporting an EPS of $0.3 versus an estimate of $0.25.

Revenue was down $15.96 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.14 which was followed by a 4.62% drop in the share price the next day.

Here's a look at Flowserve's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.21 0.48 0.40 0.41
EPS Actual 0.07 0.45 0.29 0.37
Revenue Estimate 845.52M 956.13M 898.98M 896.32M
Revenue Actual 821.06M 919.46M 866.12M 898.18M

To track all earnings releases for Flowserve VISIT THEIR EARNINGS CALENDAR HERE.

This article was generated by Benzinga's automated content engine and reviewed by an editor.