Flowserve Earnings Preview | Business and Finance News

Flowserve’s Q2 earnings drop is looming—revenue expected to fall 2.5% YoY, after a surprising 2.7% gain last year. Analysts remain steady, betting the company’s full-year EPS guidance is on track, despite past misses. Competitors Gorman-Rupp and Graco also missed targets but saw stock gains. The industrial machinery sector’s been a rollercoaster, down 3.3% in the last month, while Flowserve’s shares lag at $72.33—well below its $88.50 average price target. Tomorrow’s report could be a pivotal moment for the sector. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1b246f74d69c2449