Flowserve (FLS) Q3 2026: Fifth Straight Beat Fueled by Margin Gains
As seen on the 24/7 Wall St. homepage on October 28, 2026.
Backlog climbed 19.9% year over year to $3.47 billion, the cushion that let Flowserve raise the low end of full-year adjusted EPS guidance to $4.10 even while cutting its organic sales outlook on Middle East delays. That is a fifth straight quarter of topping earnings estimates, driven by margin expansion.
Continue ReadingShow less
Flowserve posted adjusted EPS of $1.07, beating expectations for a fifth consecutive quarter on margin expansion management credits to the Flowserve Business System.
A record backlog of $3.47 billion let management raise the low end of full-year adjusted EPS guidance even while trimming the organic sales outlook.
Sponsored
The sales revision traces to worsening Middle East conditions, where customer activity delays are slowing revenue conversion and are expected to weigh on fourth-quarter sales.
CEO Scott Rowe said the record backlog and underlying demand reinforce confidence in mid-single-digit organic sales growth through 2030. The question is whether the Middle East headwind deepens into a drag on that target.
Mentioned: FLS