Published on 2 May 2024 on Simply Wall St. via Yahoo Finance
Flowserve Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Flowserve Corporation (NYSE:FLS) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 4.7% to hit US$1.1b. Flowserve also reported a statutory profit of US$0.56, which was an impressive 23% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
See our latest analysis for Flowserve
