secwatch.observer — SEC 8-K summary
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Issuer:     FLOWSERVE CORP (FLS)
CIK:        0000030625
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001157523-21-001261
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowserve Reports Q3 2021 EPS of $0.38, Revises Full-Year Guidance Down
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- Reported EPS $0.38 and adjusted EPS $0.29; supply chain and logistics deferred ~$60M revenue and $20M gross profit.
- Total bookings up 13.1% YoY to $911.6M; backlog up 6.2% from Dec 2020 to $1.97B.
- Revised 2021 revenue guidance to down 3.5%-4.5% and adjusted EPS to $1.40-$1.45 from $1.45-$1.65.
- Year-to-date operating cash flow $151M, up over 32% vs prior year.
- Captured energy transition awards including bio-diesel, solar power, and desalination projects.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30625/000115752321001261/0001157523-21-001261-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30625/000115752321001261/a52516556.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001261

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