We expect the first half of 2012 earnings, particularly the first quarter, will be enough compared to the first half of 2011, primarily due to the impacts of the delayed projects in backlog, the strong dollar and the continuing uncertainty in Europe. Mike will go into the guidance in greater detail later in the call.

Read the rest of this transcript for free on seekingalpha.com

If you liked this article you might like

Flowserve Appears Poised to Head Upstream

Analysts' Actions -- Adobe, Starbucks, Snap, KB Home and More

Finding the Bullish and Bearish Reversals

Flowserve Is Headed for New Highs

Flowserve Looks Ready to Gush Higher