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.