Flowserve reports Q2 adjusted EPS 91c, consensus 78c

Reports Q2 revenue $1.19B, consensus $1.23B. “Our strong Q2 results reflect the successful ongoing execution of our 3D strategy and the Flowserve (FLS) Business System. We delivered another quarter of sales and earnings growth while also expanding margins, reflecting the resilience of our business model and progress on our operating initiatives. With the Flowserve Business System firmly established across the organization, we recently went live with our commercial excellence pillar to complement our 80/20 program and drive outsized growth, leveraging the optimized portfolio and delivering the best value to our customers,” said CEO Scott Rowe. “We are encouraged by our momentum through the first half of the year and remain confident in our ability to execute at a high level in any business environment. With our strong performance year-to-date combined with confidence in our outlook, we have increased our full-year adjusted EPS guidance. We are well positioned to deliver on our 2027 long-term targets and create value for our shareholders and stakeholders.”