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🔗 Source: static.seekingalpha.com
📊 Size: 3 MB
👤 Author: Mullin, Mike
⬇️ Downloads: 32

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Q1 2021 earnings conference call discusses Flowserve's financial results, with strong sequential bookings growth of 14.5% driven by increased aftermarket and MRO activity. The company improved its full-year 2021 bookings growth outlook due to an earlier-than-expected return of customer spending. Adjusted operating margin improved by 250 basis points despite a 4.1% revenue decline. Full-year 2021 revenue and adjusted EPS guidance were raised, with expected revenue decrease of 3% - 5% and adjusted EPS of $1.40 - $1.60.

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Q1 2021 earnings conference call discusses Flowserve's financial results, with strong sequential bookings growth of 14.5% driven by increased aftermarket and...

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  • File Format: PDF
  • File Size: 3 MB
  • Pages: 20
  • Language: EN
  • Author: Mullin, Mike
  • Total Downloads: 32
  • Last Updated: 2 months ago

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