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Flowserve Corporation Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for Flowserve Corporation (FLS):

-Earnings: -$0.61 million in Q1 vs. $57.26 million in the same period last year.
-Excluding items, Flowserve Corporation reported adjusted earnings of $27.32 million or $0.21 per share for the period.
-Analysts projected $0.40 per share
-Revenue: $894.46 million in Q1 vs. $890.05 million in the same period last year.

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