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Valve Manufacturing

Flowserve Reports Fourth Quarter and Full Year 2019 Results

Flowserve Corporation announced its financial results for the fourth quarter and full year ended December 31, 2019.

In the fourth quarter of 2019 Flowserve reported earnings per share (EPS) of $0.53, up 10.4% and adjusted EPS of $0.66, up 13.8%. Sales were $1.07 billion, up 8.2%, or 9.3% on a constant currency basis.

For the full year, Flowserve reported EPS of $1.93, up 112.1% and adjusted EPS of $2.20, up 25.7%. Sales were $3.94 billion, up 2.9%, or 5.4% on a constant currency basis and included approximately 0.8% negative impact related to divested businesses.

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