Flowserve (NYSE:FLS) reported its Q4 earnings results on Tuesday, February 20, 2024 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Flowserve beat estimated earnings by 13.33%, reporting an EPS of $0.68 versus an estimate of $0.6.
Revenue was up $126.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 4.1% increase in the share price the next day.
Here's a look at Flowserve's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 0.40 | 0.25 | 0.53 |
| EPS Actual | 0.50 | 0.52 | 0.40 | 0.63 |
| Revenue Estimate | 1.03B | 981.06M | 898.89M | 1.01B |
| Revenue Actual | 1.09B | 1.08B | 980.30M | 1.04B |
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.