Flowserve v posledním čtvrtletí dosáhla zisku 0,95 USD na akcii, čímž překonala konsensus o 10,47 %; pro nadcházející výsledky má Earnings ESP +0,34 % a rating Zacks #3.
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Flowserve (FLS - Free Report) , which belongs to the Zacks Manufacturing - General Industrial industry, could be a great candidate to consider.
When looking at the last two reports, this company that makes pumps, valves and other parts for the oil and gas industries has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.06%, on average, in the last two quarters.
For the last reported quarter, Flowserve came out with earnings of $0.95 per share versus the Zacks Consensus Estimate of $0.86 per share, representing a surprise of 10.47%. For the previous quarter, the company was expected to post earnings of $0.82 per share and it actually produced earnings of $0.85 per share, delivering a surprise of 3.66%.
Price and EPS Surprise
With this earnings history in mind, recent estimates have been moving higher for Flowserve. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.
Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Flowserve currently has an Earnings ESP of +0.34%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on October 28, 2026.
Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.
Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.
Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Bank of America Corp DE bought a new stake in Flowserve Corporation (NYSE:FLS – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 1,947,136 shares of the industrial products company’s stock, valued at approximately $144,400,000. Bank of America Corp DE owned 1.53% of Flowserve at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Flowserve during the 2nd quarter worth approximately $34,000. Global Retirement Partners LLC acquired a new stake in Flowserve in the second quarter valued at approximately $38,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Flowserve during the second quarter valued at approximately $48,000. Measured Wealth Private Client Group LLC increased its holdings in shares of Flowserve by 31.5% during the fourth quarter. Measured Wealth Private Client Group LLC now owns 880 shares of the industrial products company’s stock valued at $61,000 after acquiring an additional 211 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new position in shares of Flowserve during the second quarter worth approximately $67,000. 93.93% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades A number of brokerages recently issued reports on FLS. Royal Bank Of Canada increased their target price on Flowserve from $91.00 to $94.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Robert W. Baird set a $93.00 price target on shares of Flowserve in a research note on Friday, July 31st. TD Cowen downgraded shares of Flowserve from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $85.00 to $70.00 in a report on Wednesday, June 24th. Stifel Nicolaus raised their price objective on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Weiss Ratings upgraded shares of Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 8th. Seven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $86.60.
Get Our Latest Stock Analysis on FLS Flowserve Stock Up 2.1% Shares of NYSE:FLS opened at $73.84 on Friday. The stock has a market cap of $9.39 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 1.60 and a beta of 1.25. The company has a quick ratio of 1.58, a current ratio of 2.15 and a debt-to-equity ratio of 0.91. Flowserve Corporation has a 12-month low of $48.71 and a 12-month high of $92.41. The business’s 50 day moving average is $75.62 and its 200 day moving average is $75.78.
Flowserve (NYSE:FLS – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company posted $0.91 earnings per share. Flowserve’s revenue was down 1.6% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, sell-side analysts forecast that Flowserve Corporation will post 4.1 earnings per share for the current fiscal year.
Flowserve Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 25th will be issued a $0.22 dividend. The ex-dividend date is Friday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.2%. Flowserve’s dividend payout ratio is currently 30.88%.
Flowserve Profile (Free Report)
Flowserve Corp. is an industrial manufacturer that designs, manufactures and services flow-control equipment used to move, control and protect fluids in industrial processes. Its product portfolio includes engineered and industrial pumps, valves, mechanical seals, aftermarket parts and related services.
The company serves customers across energy, chemical processing, water, mining, pharmaceutical, power generation and other general industrial markets. Its equipment is used in applications such as oil and gas production, refining, pipeline transportation, power generation and industrial water treatment.
Flowserve traces its corporate heritage to businesses established in the late 18th century and was formed in its current structure through the combination of established pump and flow-control companies.
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Jupiter Topco LLC ve druhém čtvrtletí získala nový podíl ve Flowserve za zhruba 4,285 milionu USD, když nabyla 57 767 akcií. Akcie FLS po otevření trhu klesly o 3,2 %.
Jupiter Topco LLC purchased a new stake in Flowserve Corporation (NYSE:FLS – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 57,767 shares of the industrial products company’s stock, valued at approximately $4,285,000.
Other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Flowserve in the 2nd quarter worth about $34,000. Global Retirement Partners LLC bought a new position in shares of Flowserve during the 2nd quarter worth approximately $38,000. Atlas Capital Advisors Inc. purchased a new position in shares of Flowserve in the 4th quarter worth approximately $36,000. BOKF NA purchased a new position in shares of Flowserve in the 3rd quarter worth approximately $28,000. Finally, Keating Financial Advisory Services Inc. bought a new position in shares of Flowserve in the second quarter valued at approximately $48,000. Institutional investors own 93.93% of the company’s stock.
Wall Street Analysts Forecast Growth FLS has been the topic of a number of recent analyst reports. TD Cowen lowered Flowserve from a “buy” rating to a “hold” rating and dropped their price target for the stock from $85.00 to $70.00 in a report on Wednesday, June 24th. Weiss Ratings lowered Flowserve from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Stifel Nicolaus lifted their target price on Flowserve from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. The Goldman Sachs Group set a $82.00 price target on shares of Flowserve in a research report on Thursday, July 30th. Finally, Robert W. Baird set a $93.00 price objective on shares of Flowserve in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $86.60.
Get Our Latest Stock Report on FLS Flowserve Stock Down 3.2% FLS stock opened at $76.56 on Wednesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 1.76 and a beta of 1.25. Flowserve Corporation has a fifty-two week low of $48.71 and a fifty-two week high of $92.41. The stock has a fifty day moving average of $75.09 and a 200-day moving average of $77.01.
Flowserve (NYSE:FLS – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.09. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 EPS. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. As a group, equities research analysts predict that Flowserve Corporation will post 4.1 earnings per share for the current year.
Flowserve Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 25th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.1%. Flowserve’s payout ratio is 30.88%.
Flowserve Company Profile (Free Report)
Flowserve Corporation (NYSE: FLS) is a leading provider of fluid motion and control products and services. The company designs, manufactures and services engineered and industrial pumps, mechanical seals, valves and related flow management equipment. Flowserve’s offerings are utilized across a broad spectrum of end markets, including oil and gas, power generation, chemical processing, water management, pharmaceutical and semiconductor manufacturing, as well as mining and general industrial applications.
Flowserve’s product portfolio encompasses a wide range of centrifugal and positive displacement pumps, high-performance control valves, butterfly and ball valves, as well as mechanical seals and seal support systems.
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DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share on the Company’s outstanding common stock.
The dividend is payable on October 9, 2026, to shareholders of record as of the close of business on September 25, 2026.
While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends at this $0.22 per share rate or otherwise will be reviewed individually and declared by the Board of Directors at its discretion.
About Flowserve
Flowserve Corporation is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 50 countries, the Company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the Company’s website at www.flowserve.com.
Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as, "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.
The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: economic, political and other risks associated with our international operations, including military actions, trade embargoes, blockades or other closures of major trade lanes, epidemics or pandemics and changes to tariffs or trade agreements that could affect customer markets, particularly North African, Latin American, Asian and Middle Eastern markets and global oil and gas producers, and non-compliance with U.S. export/re-export control, foreign corrupt practice laws, economic sanctions and import laws and regulations; global supply chain disruptions and the current inflationary environment could adversely affect the efficiency of our manufacturing and increase the cost of providing our products to customers; a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in global economic conditions and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers’ ability to make required capital investment and maintenance expenditures; if we are not able to successfully execute and realize the expected financial benefits from any restructuring and realignment initiatives, our business could be adversely affected; the substantial dependence of our sales on the success of the energy, chemical, power generation and general industries; the adverse impact of volatile raw materials prices on our products and operating margins; the impact of public health emergencies, such as outbreaks of epidemics, pandemics, and contagious diseases, on our business and operations; increased aging and slower collection of receivables, particularly in Latin America and other emerging markets; potential adverse effects resulting from the implementation of new tariffs and related retaliatory actions and changes to or uncertainties related to tariffs and trade agreements; our exposure to fluctuations in foreign currency exchange rates, including in hyperinflationary countries such as Argentina; potential adverse consequences resulting from litigation to which we are a party; expectations regarding acquisitions and the integration of acquired businesses; the potential adverse impact of an impairment in the carrying value of goodwill or other intangible assets; our dependence upon third-party suppliers whose failure to perform timely could adversely affect our business operations; the highly competitive nature of the markets in which we operate; if we are not able to maintain our competitive position by successfully developing and introducing new products and integrate new technologies, including artificial intelligence and machine learning; environmental compliance costs and liabilities; potential work stoppages and other labor matters; access to public and private sources of debt financing; our inability to protect our intellectual property in the United States, as well as in foreign countries; obligations under our defined benefit pension plans; our internal control over financial reporting may not prevent or detect misstatements because of its inherent limitations, including the possibility of human error, the circumvention or overriding of controls, or fraud; the recording of increased deferred tax asset valuation allowances in the future or the impact of tax law changes on such deferred tax assets could affect our operating results; our information technology infrastructure could be subject to service interruptions, data corruption, cyber-based attacks or network security breaches, which could disrupt our business operations and result in the loss of critical and confidential information; ineffective internal controls could impact the accuracy and timely reporting of our business and financial results; and other factors described from time to time in our filings with the Securities and Exchange Commission.
All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.
Flowserve Corporation (FLS) Q2 2026 Earnings Call July 30, 2026 8:30 AM EDT
Company Participants
Brian Ezzell - Treasurer and VP of Investor Relations & Corporate Finance
Robert Rowe - President, CEO & Director
Amy Schwetz - Senior VP, CFO & Interim Principal Accounting Officer
Conference Call Participants
Andrew Kaplowitz - Citigroup Inc., Research Division
Deane Dray - RBC Capital Markets, Research Division
Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division
Adam Farley - Stifel, Nicolaus & Company, Incorporated, Research Division
Amit Mehrotra - UBS Investment Bank, Research Division
Christopher Grenga - TD Cowen, Research Division
Andrew Obin - BofA Securities, Research Division
Presentation
Operator
Good day, everyone, and welcome to the Flowserve Second Quarter 2026 Earnings Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Mr. Brian Ezzell, Vice President of Investor Relations. Please go ahead, sir.
Brian Ezzell
Treasurer and VP of Investor Relations & Corporate Finance
Thank you, and good morning, everyone. Welcome to Flowserve's Second Quarter 2026 Business Update. I'm joined by Scott Rowe, Flowserve's President and Chief Executive Officer; and Flowserve Chief Financial Officer, Amy Schwetz. Following Scott, and Amy's prepared remarks, we'll open the call for questions.
Turning to Slide 2. Our discussion will contain forward-looking statements that are based upon information available as of today. Actual results may differ due to risks and uncertainties. Refer to additional information, including our note on non-GAAP measures in our press release, earnings presentation and SEC filings, which are available on our website.
With that, I will turn it over to Scott.
Robert Rowe
President, CEO & Director
Thank you, Brian, and good morning, everyone. Turning to Slide 3. I'd like to begin by thanking our associates around the world for their hard work, disciplined execution and resilience in what remains a dynamic environment. The second quarter was
Flowserve (FLS - Free Report) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +10.47%. A quarter ago, it was expected that this company that makes pumps, valves and other parts for the oil and gas industries would post earnings of $0.82 per share when it actually produced earnings of $0.85, delivering a surprise of +3.66%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Flowserve, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.17 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.87%. This compares to year-ago revenues of $1.19 billion. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Flowserve shares have added about 5.8% since the beginning of the year versus the S&P 500's gain of 8.5%.
What's Next for Flowserve?While Flowserve has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Flowserve was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.05 on $1.29 billion in revenues for the coming quarter and $4.04 on $4.88 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the top 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Applied Industrial Technologies (AIT - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 13.
This industrial products company is expected to post quarterly earnings of $2.91 per share in its upcoming report, which represents a year-over-year change of +3.9%. The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level.
Applied Industrial Technologies' revenues are expected to be $1.29 billion, up 5.6% from the year-ago quarter.
