Flowserve Reports Q4 Earnings Miss

IRVING, Texas (AP) - Flowserve Corp. (FLS) announced a fourth-quarter profit of $77.5 million, below analyst estimates.

Key Metrics:

* Earnings per share (EPS): $0.59
* Adjusted EPS: $0.70
* Revenue: $1.18 billion

Analyst Expectations:

* EPS: $0.77
* Revenue: $1.21 billion

Full-Year Results:

* Net income: $282.8 million
* EPS: $2.14
* Revenue: $4.56 billion

Outlook:

Flowserve projects full-year earnings between $3.10 and $3.30 per share.