secwatch.observer — SEC 8-K summary
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Issuer:     FLOWSERVE CORP (FLS)
CIK:        0000030625
Form:       8-K
Filed at:   2024-07-29T23:59:59+00:00
Accession:  0001193125-24-187742
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flowserve Q2 EPS $0.73 adjusted, up 40% YoY; raises FY2024 adjusted EPS guide to $2.60-$2.75
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- Reported EPS $0.55 vs $0.39; adjusted EPS $0.73 vs $0.52; 41% and 40% increases YoY.
- Total bookings $1.25B (highest since 2014) up 12.2% YoY; record aftermarket bookings >$610M.
- Sales $1.16B up 7.1% YoY; adjusted gross margin 32.3% (+200bps) and operating margin 12.5% (+210bps).
- FY2024 adjusted EPS guidance raised to $2.60-$2.75 from $2.50-$2.70; revenue guidance reaffirmed 4-6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/30625/000119312524187742/0001193125-24-187742-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/30625/000119312524187742/d851532d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-187742

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