Flowserve Corp. (FLS) reported third quarter net earnings of $116.9 million or $2.07 per share, compared to $117.0 million or $2.04 per share in the previous year period. The quarterly earnings included realignment charges of $0.05 per share.
On average, eight analysts polled by Thomson Reuters expected the company to report earnings of $2.00 per share. Analysts' estimates typically exclude special items.
Third quarter sales were $1.05 billion, compared to $1.15 billion in the previous year period. Eight Wall Street analysts expected revenues of $1.11 billion.
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