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.
