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Flowserve: Q3 Earnings Snapshot
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IRVING, Texas (AP) — IRVING, Texas (AP) — Flowserve Corp. (FLS) on Wednesday reported third-quarter earnings of $103 million.

The Irving, Texas-based company said it had net income of 81 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.07 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The company that makes pumps, valves and other parts for the oil and gas industries posted revenue of $1.24 billion in the period, meeting Street forecasts.

Flowserve expects full-year earnings in the range of $4.10 to $4.20 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLS at https://www.zacks.com/ap/FLS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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