What is Zacks Research's Forecast for Flowserve Q3 Earnings?

Key Points

• Zacks Research lowered Flowserve’s Q3 2026 EPS forecast to $0.98 from $1.01, while projecting full-year 2026 EPS of $4.09, broadly in line with the company’s $4.05–$4.20 guidance.
• Flowserve’s latest quarterly results exceeded expectations, with EPS of $0.95 versus the $0.86 consensus and revenue of $1.17 billion, though revenue declined 1.6% year over year.
• The stock has a “Moderate Buy” consensus rating and an average price target of $85.40, compared with a recent price of $70.59; institutional investors own 93.93% of outstanding shares.

Flowserve Corporation (NYSE:FLS - Free Report) - Analysts at Zacks Research dropped their Q3 2026 EPS estimates for shares of Flowserve in a research report issued on Friday, October 16th. Zacks Research analyst Team now forecasts that the industrial products company will earn $0.98 per share for the quarter, down from their prior estimate of $1.01. The consensus estimate for Flowserve's current full-year earnings is $4.10 per share. Zacks Research also issued estimates for Flowserve's Q4 2026 earnings at $1.30 EPS, FY2026 earnings at $4.09 EPS, Q3 2027 earnings at $1.19 EPS, Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $4.62 EPS, Q3 2028 earnings at $1.33 EPS and FY2028 earnings at $5.22 EPS.

Flowserve (NYSE:FLS - Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. The business had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.16 billion. During the same period in the prior year, the company posted $0.91 EPS. The business's revenue for the quarter was down 1.6% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS.

FLS has been the subject of several other research reports. Stifel Nicolaus lifted their price objective on Flowserve from $92.00 to $94.00 and gave the company a "buy" rating in a research note on Friday, July 31st. The Goldman Sachs Group set a $82.00 target price on Flowserve in a research note on Thursday, July 30th. Weiss Ratings cut Flowserve from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, October 6th. Robert W. Baird set a $93.00 price target on Flowserve in a report on Friday, July 31st. Finally, TD Cowen lowered shares of Flowserve from a "buy" rating to a "hold" rating and dropped their target price for the company from $85.00 to $70.00 in a research report on Wednesday, June 24th. Six investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Flowserve currently has a consensus rating of "Moderate Buy" and a consensus target price of $85.40.

Flowserve Trading Up 0.1%

Shares of FLS stock opened at $70.59 on Monday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15. Flowserve has a 52-week low of $49.74 and a 52-week high of $92.41. The company has a market capitalization of $8.97 billion, a PE ratio of 24.77, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. The business's fifty day moving average is $75.85 and its 200 day moving average is $75.29.

Flowserve Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 25th were issued a $0.22 dividend. The ex-dividend date was Friday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.2%. Flowserve's dividend payout ratio (DPR) is currently 30.88%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FLS. Comprehensive Money Management Services LLC lifted its position in Flowserve by 1.5% during the first quarter. Comprehensive Money Management Services LLC now owns 8,509 shares of the industrial products company's stock valued at $625,000 after buying an additional 125 shares during the period. NorthCrest Asset Manangement LLC boosted its holdings in shares of Flowserve by 4.6% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 3,225 shares of the industrial products company's stock valued at $225,000 after buying an additional 142 shares in the last quarter. BTC Capital Management Inc. boosted its holdings in shares of Flowserve by 2.5% during the 1st quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company's stock valued at $480,000 after buying an additional 162 shares in the last quarter. Marathon Mission Inc. boosted its holdings in shares of Flowserve by 1.7% during the 3rd quarter. Marathon Mission Inc. now owns 9,864 shares of the industrial products company's stock valued at $721,000 after buying an additional 165 shares in the last quarter. Finally, Legacy Wealth Asset Management LLC grew its position in shares of Flowserve by 5.1% in the 3rd quarter. Legacy Wealth Asset Management LLC now owns 3,531 shares of the industrial products company's stock worth $258,000 after buying an additional 170 shares during the period. 93.93% of the stock is owned by hedge funds and other institutional investors.

About Flowserve

Flowserve Corporation is a global manufacturer of engineered flow-control products and services. The company designs and produces pumps, valves, mechanical seals, and related equipment used to move, control, and protect the flow of liquids and gases in industrial systems.

Its products and services support a range of industries, including oil and gas, chemical processing, power generation, water management, mining, and general industrial markets. Flowserve also provides aftermarket services such as maintenance, repair, replacement parts, equipment upgrades, and technical support to help customers maintain the performance and reliability of their flow-control systems.

Flowserve traces its corporate heritage to businesses with roots dating back to the late 18th century and has developed into an international company serving customers across North America, Europe, Asia, the Middle East, and other global markets.

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