Flowserve Corporation (FLS) Q1 2020 Earnings Results

Flowserve Corp Misses on EPS, Stock Up 2.93%

Flowserve's earnings report indicates a significant miss on EPS, which reflects ongoing challenges in the market. Despite this, the stock rose by 2.93%, suggesting that investors may be optimistic about management's focus on cost control. The lack of revenue data and future guidance leaves some uncertainty for investors looking ahead.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.21	N/A	-48.40%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about the current economic environment but highlighted efforts to maintain stability. They did not provide specific guidance for future quarters.

Management acknowledged the challenging market conditions.

They emphasized a focus on cost management and operational efficiency.

Flowserve Corp Misses on EPS, Stock Up 2.93%

Key numbers

Management commentary

Flowserve Corporation

More earnings this week

Flowserve Corp Misses on EPS, Stock Up 2.93%

Key numbers

Management commentary