LOGO
LOGO

Flowserve Finished At Lowest Level In Nearly Five Months Friday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Flowserve Corp. (FLS) announced Friday morning that it now expects to report full year 2009 EPS at or above the high end of its previously announced guidance range of $7.20 to $7.50, including approximately $0.90 per share in realignment charges. Full year 2010 EPS is expected to come in between $6.35 to $7.15, which includes approximately $0.26 per share in realignment charges and an expected first quarter after-tax charge of around $0.25 per share.
Flowserve Corp. gapped down Friday and declined in the final 2 1/2 hours of trade. The stock finished lower by $5.02 at $90.17 on above average volume. Flowserve has been losing ground for over 2 weeks and closed at nearly a 5-month low.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS