secwatch.observer — SEC 8-K summary
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Issuer:     FLOWSERVE CORP (FLS)
CIK:        0000030625
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001157523-22-001441
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowserve Q3 reported EPS $0.29, adjusted EPS $0.09; Q4 guidance at least $0.40; bookings hit $1.22B
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- Reported EPS $0.29 includes $30.5M below-the-line FX gain and other non-recurring items; adjusted EPS $0.09.
- Bookings of $1.22B, up 34.2% YoY (40.8% constant currency); backlog $2.6B, highest since Q2 2015.
- Q4 2022 guidance: reported and adjusted EPS at least $0.40 on ~8-10% revenue growth.
- Announced acquisition of Chart Industries' hydrogen pump R&D to support 3D strategy (no deal value disclosed).
- Sales $872.9M, up 0.8% YoY; OE sales down 3.1%, aftermarket up 4.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30625/000115752322001441/0001157523-22-001441-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30625/000115752322001441/a52956517.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001441

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer