Flowserve Q1 Earnings & Revenues Miss on Currency Woes
Flowserve Corporation FLS reported first-quarter 2015 adjusted earnings per share of 58 cents, missing the Zacks Consensus Estimate of 70 cents by 17.1%. Flowserve Corporation – Earnings Surprise | FindTheCompany Dismal bottom-line performance was mainly led by a drastic decline in industrial spending, particularly in the final month of the quarter due to volatility in oil and gas markets. This apart, strengthening of the U.S […]