Flowserve (NYSE: FLS) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.47 by 23.4 percent. This is a 45 percent increase over earnings of $0.40 per share from the same period last year. The company reported quarterly sales of $1.087 billion which beat the analyst consensus estimate of $1.038 billion by 4.74 percent. This is a 10.88 percent increase over sales of $980.305 million the same period last year.