FLS Flowserve Corp.

$FLS Trillium Valves closed June 30 for 492.7 million dollars net of cash acquired, and the Q3 allocation is pretty goodwill heavy, 279.6 million dollars of goodwill plus 180.0 million dollars of intangibles against 213.1 million dollars of net assets. TVD added 62.3 million dollars of sales in its first quarter and still cut earnings by about 10.5 million dollars, mostly amortization. FCD segment profit fell to 34.2 million dollars from 46.4 million dollars even with a 16.2 million dollar divestiture gain in there.

$FLS Can Flowserve's record $3.5B backlog offset a 2026 organic sales outlook cut to -2.5% to -1.5%? ✂️ Flowserve, a maker of industrial pumps, seals and valves worth about $9.13B at $71.79 a share at 16:00 ET on October 28, 2026, cut its 2026 organic sales outlook to -2.5% to -1.5% from about -1%, citing the Middle East ⚠️ With $2.87 of adjusted EPS earned through nine months, the full-year guide needs $1.23 to $1.33 in Q4, above Q3's $1.07, in the quarter management says Middle East delays will hit sales 🏆 Q3 bookings rose 14% to $1.38B and backlog reached a record $3.5B, up 20% and about 2.8 times Q3 sales, the orders future sales are drawn from 📅 Next: Management takes questions on the quarter Thursday, October 29, 2026, and the size of the Middle East drag on Q4 sales is the number to listen for Source: Q3 release (SEC 8-K) + SEC 10-Q, Oct 28

$FLS reported earnings after the close: EPS of $1.07 vs. $0.98 estimated, a beat of 9.0%. I used Stock Meadow to review the results. What do you think?

$FLS Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.07 up 18.89% YoY • Reported revenue of $1.24B up 5.39% YoY • Flowserve anticipates approximately $202M of total net investment in the 2025 Realignment Programs and expects annualized cost savings of $167.5M upon completion; 2026 capital expenditures are estimated at approximately $90M.

$FLS reports earnings today after the close. I’m bullish heading into the report: FLS has beaten EPS estimates in 6 of its last 8 reports, according to Stock Meadow. What are you watching for?

$FLS reports earnings tomorrow after the close. I’m bullish heading into the report: FLS has beaten EPS estimates in 6 of its last 8 reports, according to Stock Meadow. Analysts expect EPS of $0.98. What are you watching for?