Flowserve Q1 Revenue Miss Fuels 5% Drop

Flowserve reported Q1 adjusted EPS $0.85 beating consensus, but revenue $1.07 bn missed $1.17 bn estimate, down 6.7% YoY.
Bookings reached $1.15 bn, driven by over $110 m nuclear bookings and $680 m aftermarket orders, supporting margin expansion.
FY2026 adjusted EPS guidance $4.00‑$4.20 reaffirmed, but sales growth outlook cut to 3%‑6% (organic -1%‑2%) from prior 5%‑7%.
Shares fell about 5% in after‑hours trading as investors focused on top‑line miss and lowered guidance.