Flowserve Q1 Revenue Miss Cuts Outlook

Flowserve posted Q1 adjusted EPS of $0.85, beating consensus, but revenue fell 6.7% YoY to $1.07 billion, missing estimates.
First‑quarter bookings reached $1.15 billion, including over $110 million in nuclear bookings and $680 million in aftermarket orders.
Guidance for FY2026 sales growth was trimmed to 3‑6% (down from 5‑7%) while EPS outlook remains $4.00‑$4.20.
Shares dropped about 5% on the NYSE as investors reacted to the top‑line miss and lower outlook.