Flowserve Corporation ($FLS) Stock Forecast: Down 7.6% Today

What is Flowserve Corporation?

Flowserve (FLS) operates in the industrial sector, specializing in manufacturing flow control products like pumps, valves, and seals. The industrial goods market has experienced volatility due to global economic uncertainties and supply chain disruptions.

Why is Flowserve Corporation going down?

FLS stock is down 7.6% on Feb 19, 2025 14:42

• Q4 earnings and revenue of Flowserve (FLS) fell short of estimates, resulting in a downward movement in the stock.
• The underperformance could be linked to elevated operating expenses impacting margins, despite anticipated growth in the power generation and chemical sectors.
• The market response to the weaker-than-expected financials led to a negative trend in the stock price.
• Going forward, investor focus is likely on Flowserve's cost management and margin enhancement efforts to restore market confidence and reverse the downward trend.

FLS Price Chart

FLS Technical Analysis

FLS News

Flowserve ( FLS ) Misses Q4 Earnings and Revenue Estimates

Flowserve (FLS) delivered earnings and revenue surprises of -9.09% and 2.54%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2417586/flowserve-fls-misses-q4-earnings-and-revenue-estimates

Flowserve Set to Report Q4 Earnings: Is a Beat in Store?

FLS' results are likely to benefit from strength in the power generation and chemical end markets and contribution from acquired assets. High operating expenses are expected to have affected its margins.

https://www.zacks.com/stock/news/2417198/flowserve-set-to-report-q4-earnings-is-a-beat-in-store

Flowserve Set to Report Q4 Earnings: What's in the Offing?

FLS' fourth-quarter 2024 results are likely to benefit from strength in its Pump Division segment, driven by strength in the aftermarket and original equipment businesses.

https://www.zacks.com/stock/news/2416304/flowserve-set-to-report-q4-earnings-whats-in-the-offing

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Flowserve Corporation Price History

26.09.2023 - FLS Stock was up 5.4%

• Flowserve (FLS) reported Q3 earnings and revenue that surpassed estimates, indicating strong financial performance.
• The company's profit for the quarter increased from last year and beat Street estimates, further boosting investor confidence.
• Flowserve's Non-GAAP EPS of $0.50 beat expectations by $0.07, showcasing positive growth.
• Analysts are optimistic about Flowserve's earnings report and hope for positive guidance, potentially driving further growth in the stock.

24.08.2024 - FLS Stock was up 5.1%

• FLS stock experienced a strong bullish movement today.
• Siemens partnering with E.ON to expand the EV charging network in Europe likely boosted investor confidence in the electric vehicle sector.
• The partnership signifies a significant step towards the widespread adoption of electric vehicles, which could positively impact companies like FLS that provide products for this industry.
• The news of expanding EV infrastructure in Europe might have led investors to believe in the growth potential of FLS, contributing to the bullish movement in the stock price.

29.09.2024 - FLS Stock was up 1.7%

• Despite falling short of Q3 earnings expectations, the company saw a notable bullish trend in its performance.
• Investors could be considering the company's potential for growth and robust future guidance amidst this scenario.
• The positive market response may be linked to strategic announcements or cost-saving measures introduced by Flowserve's leadership.
• Overall market sentiments or industry patterns could be influencing the upbeat stock movement despite the earnings setback.

28.09.2023 - FLS Stock was down 6.4%

• Flowserve's Q3 earnings and revenue surpassed estimates, indicating strong financial performance.
• The company's profit for the quarter increased from last year, beating Street estimates.
• Flowserve's Non-GAAP EPS of $0.50 beat expectations by $0.07, showcasing positive earnings growth.
• Despite the positive financial results, the stock experienced a bearish movement, suggesting that other factors may have influenced the market sentiment.

19.01.2025 - FLS Stock was down 7.6%

• Q4 earnings and revenue of Flowserve (FLS) fell short of estimates, resulting in a downward movement in the stock.
• The underperformance could be linked to elevated operating expenses impacting margins, despite anticipated growth in the power generation and chemical sectors.
• The market response to the weaker-than-expected financials led to a negative trend in the stock price.
• Going forward, investor focus is likely on Flowserve's cost management and margin enhancement efforts to restore market confidence and reverse the downward trend.