Earnings ·
Flowserve raises full-year adjusted EPS guidance to $4.10-$4.20 on Q3 margin expansion
FLSFlowserve Corp
Flowserve reported third-quarter results with bookings of $1.38 billion and an adjusted operating margin of 16.5%. The company raised its full-year 2026 adjusted earnings per share guidance to a range of $4.10 to $4.20, up from the previous low end of $4.05. Management cited strong profitability and operational progress as drivers for the upward revision, despite lowering organic sales growth expectations due to challenging conditions in the Middle East. Flowserve operates in the flow control products and services industry.