Flowserve Corp (FLS) Earnings: 4Q Sales Miss Estimates with $1.18 Billion, Pump and Flow Control Divisions Performance Detailed

Flowserve Corp on Smartkarma

Analysts at Baptista Research on Smartkarma are closely monitoring Flowserve Corp, as per their recent coverage reports. In their analysis of Flowserve Corporation’s third-quarter 2024 financial results, the researchers highlight a mix of strengths and ongoing challenges faced by the company. Noteworthy achievements include a book-to-bill ratio exceeding 1.06 and bookings totaling $1.2 billion, signaling strong demand across Flowserve’s business segments. Despite this positive performance, factors were acknowledged that tempered the company’s overall results.

Similarly, Baptista Research‘s examination of Flowserve Corporation’s second-quarter 2024 financial outcomes showcases a combination of strengths and obstacles as the company pursues profitability and growth. Key highlights comprise a 7% revenue increase compared to the same period last year, amounting to nearly $1.2 billion, and a substantial 40% surge in adjusted earnings per share to $0.73. The analysts attribute these positive results to effective execution across various segments, with aftermarket bookings exceeding $610 million, demonstrating consistent high performance in the parts, service, and repair sector.<\p>

A look at Flowserve Corp Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

In analyzing Flowserve Corp‘s long-term outlook using the Smartkarma Smart Scores, the company demonstrates a solid overall performance. With a Growth score of 4 and Momentum score of 5, Flowserve Corp appears to be positioned for significant future expansion and market presence. These scores indicate strong potential for growth and positive market performance in the coming years.

Additionally, the company maintains respectable scores in Value, Dividend, and Resilience, all of which are essential factors for long-term sustainability. While the company may not be the highest scorer in every category, the combination of these scores suggests a well-rounded investment opportunity with potential for steady returns and resilience in the face of market fluctuations.

### Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment throughout the world. The Company provides pumps, valves, and mechanical seals primarily for the refinery and pipeline segments of the petroleum, chemical processing, power generation, and water treatment industries. ###

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