Flowserve (FLS -1.2%) slips despite beating Q1 EPS estimates late yesterday. Net earnings fell...

|About: Flowserve Corporation (FLS)|By:, SA News Editor

Flowserve (FLS -1.2%) slips despite beating Q1 EPS estimates late yesterday. Net earnings fell 4% Y/Y amid weaker margins, though the valve-and-pump maker reported broad sales growth and said it recorded the strongest bookings since Q308.