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4-Traders Homepage  >  Equities  >  Nyse  >  Flowserve Corp    FLS

Delayed Quote. Delayed  - 10/27 10:02:02 pm
43.51 USD   -0.57%
01:35a FLOWSERVE : Honeywell to collaborate with Flowserve on IIoT
10/27 FLOWSERVE : reports 3Q loss
10/27 FLOWSERVE CORPO : Reports Third Quarter 2016 Results
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Flowserve Corp : Flowserve to Announce Second Quarter 2007 Results

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07/16/2007 | 10:26pm CEST

Flowserve Corp. (NYSE:FLS), one of the world's leading providers of fluid motion and control products and services, plans to hold a conference call to discuss its second quarter 2007 financial results at 11am Eastern time on Thursday, August 9. Lewis Kling, President and Chief Executive Officer, and Mark Blinn, Chief Financial Officer, will be presenting.

The company plans to file its form 10-Q with the Securities and Exchange Commission as well as issue its earnings release and earnings call presentation for the second quarter of 2007 after the close of the New York Stock Exchange (NYSE) on Wednesday, August 8, in advance of the call.

This call is being webcast by Thomson/CCBN and can be accessed at Flowserve's website at www.flowserve.com.

The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site.

About Flowserve Corp.

Flowserve Corp. is one of the world's leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company's website at www.flowserve.com.

SAFE HARBOR STATEMENT: This news release includes forward-looking statements. Forward looking statements are all statements that are not statements of historical facts and include, without limitation, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition. The words ?believe?, ?seek?, ?anticipate?, ?plan?, ?estimate?, ?expect?, ?intend?, ?project?, ?forecast?, ?predict?, ?potential?, ?continue?, ?will?, ?may?, ?could?, ?should?, and other words of similar meaning are intended to identify forward-looking statements. The forward-looking statements made in this news release are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that, in some cases, are beyond our control. These risks, uncertainties and factors may cause our actual results, performance and achievements, or industry results and market trends, to be materially different from any future results, performance, achievements or trends expressed or implied by such forward-looking statements. Important risks, uncertainties and other factors that could cause actual results to differ from these forward-looking statements include, but are not limited to, the following: inherent limitations of the effectiveness of our internal control over financial; potential adverse consequences resulting from securities class action litigation and other litigation, including asbestos-containing product claims; the possibility of adverse consequences related to the domestic and foreign government regarding our participation in the United Nations Oil-for-Food Program; the possibility of adverse consequences of governmental tax audits of our tax returns, including the ongoing IRS audit of our U.S. tax returns for the years 2002 through 2004; our ability to convert bookings, which are not subject to nor computed in accordance with generally accepted accounting principles, into revenues at acceptable, if any, profit margins, since such profit margins cannot be assured or assumed to follow historical trends; changes in the financial markets and the availability of capital; changes in the already competitive environment for our products or competitors' responses to our strategies; our inability to continue to expand our market presence through acquisitions, and unforeseen integration difficulties or costs resulting from acquisitions; economic, political and other risks associated with our international operations, including military actions or trade embargoes that could affect customer markets, including the continuing conflict in Iraq, uncertainties in certain Middle Eastern countries such as Iran, and their potential impact on Middle Eastern markets and global petroleum producers; our ability to comply with the laws and regulations affecting our international operations, including the U.S. export laws, and the effect of any noncompliance; the potential adverse impact of a significant downturn in petroleum, chemical, power and water industries; changes in economic conditions and the extent of economic growth in the U.S. and other countries and regions; unanticipated difficulties or costs associated with the implementation of systems, including software; unanticipated higher costs associated with environmental compliance and liabilities; our relative geographical profitability and its impact on our utilization of foreign tax credits; the potential impact of our indebtedness on cash flows and our ability to meet the financial covenants and other requirements in our debt agreements; any terrorist attacks; adverse changes in the regulatory climate and other legal obligations imposed on us; and other factors described from time to time in our filings with the SEC. It is not possible to foresee or identify all the factors that may affect our future performance or any forward-looking information, and new risk factors can emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. All forward-looking statements included in this news release are based on information available to us on the date of this news release. We undertake no obligation to revise or update any forward-looking statement or disclose any facts, events or circumstances that occur after the date hereof that may affect the accuracy of any forward-looking statement.

Flowserve Corp.
Zac Nagle, 972-443-6557
Vice President ? Investor Relations
Lars Rosene, 469-420-3264
Vice President ? Global Communications and Public Affairs

© Business Wire 2007
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News from SeekingAlpha
10/27 Flowserve misses by $0.10, misses on revenue
10/26 Notable earnings after Thursday?s close
10/26 Honeywell, Flowserve partner on IIoT solutions
09/22 Flowserve President/CEO Blinn to retire
08/29 Flowserve declares $0.19 dividend
Financials ($)
Sales 2016 4 080 M
EBIT 2016 505 M
Net income 2016 260 M
Debt 2016 1 190 M
Yield 2016 1,65%
P/E ratio 2016 21,67
P/E ratio 2017 19,32
EV / Sales 2016 1,69x
EV / Sales 2017 1,73x
Capitalization 5 705 M
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Flowserve Corp Technical Analysis Chart | FLS | US34354P1057 | 4-Traders
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Mean consensus HOLD
Number of Analysts 19
Average target price 45,8 $
Spread / Average Target 4,7%
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William C. Rusnack Chairman
Thomas L. Pajonas Chief Operating Officer & Executive Vice President
Karyn F. Ovelmen Chief Financial Officer & Executive Vice President
Roger L. Fix Independent Director
Rick J. Mills Independent Director
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