Flowserve (FLS) Reports In-Line Q1 EPS; Reaffirms
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Flowserve Corporation Reports First Quarter 2018 Results
May 10, 2018 4:07 PM EDTDALLAS--(BUSINESS WIRE)-- Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced its financial results for the first quarter ended March 31, 2018.
First Quarter 2018 Highlights
Reported Earnings Per Share (EPS) of $0.12 and Adjusted EPS[1] of $0.27 Reported EPS includes pre-tax adjusted items of $25 million, primarily realignment and below-the-line foreign exchange impacts Sales were $920 million, up 6.2%, or essentially flat on a constant currency basis and included approximately 2.5% negative impact related to divested businesses... More