Flowserve Stock Skyrockets 30% After Earnings Triple and Guidance Hike – Is More Upside Ahead?
Flowserve shares jumped nearly 30% to about $68.50 on October 29, 2025, after Q3 adjusted earnings of $0.90 per share beat forecasts and profit tripled year-over-year. The company raised full-year earnings guidance and offloaded legacy asbestos liabilities, while a $266 million breakup fee from a failed merger boosted cash. Market cap reached around $9 billion.
