secwatch.observer — SEC 8-K summary
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Issuer:     FLOWSERVE CORP (FLS)
CIK:        0000030625
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001157523-23-000246
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowserve prelim Q4 rev ~$1.0B (+13% YoY), Adj EPS $0.59-0.63; 2023 guide rev +9-11%, Adj EPS $1.50-1.75
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- Q4 2022 bookings $1.1B (+14% YoY); full-year bookings $4.4B; backlog $2.7B (+30% YoY).
- Q4 adjusted operating income $100-110M; operating margin above 10%.
- Reported EPS $0.88-0.92 includes discrete tax benefit; Adjusted EPS $0.59-0.63 on 131.6M shares.
- 2023 guidance: revenue growth 9-11%, Reported EPS $1.40-1.65, Adj EPS $1.50-1.75.
- Year-end cash $435M, no revolver borrowings; capex guided $75-85M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30625/000115752323000246/0001157523-23-000246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30625/000115752323000246/a53314541.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000246

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