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Technology Stocks : Flowserve FLS = BWF + DURI flow management

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From: JakeStraw2/1/2008 10:55:22 AM
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Flowserve Targets 2008 Profit Above Analyst Estimates, Raises 2007 Revenue Outlook
biz.yahoo.com

DALLAS (AP) -- Flowserve Corp., which provides fluid motion and control products, on Thursday guided for 2008 income above analyst estimates, and raised its 2007 revenue outlook above Wall Street projections.

The company set a 2008 earnings target of $5.10 to $5.40 per share. Analysts polled by Thomson Financial forecast 2008 income of $4.88 per share.

The company lifted its revenue projection for 2007 to $3.75 billion. The company previously forecast revenue of $3.6 billion to $3.7 billion.
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