Gas and liquid handling companies delivered solid second-quarter earnings, beating analyst forecasts by about 2% overall, fueled by rising demand for pumps and filters in water conservation and carbon capture. While Flowserve underperformed year-over-year and lowered next-quarter guidance, its stock rose. SPX Technologies soared with 20% YoY revenue growth and raised full-year guidance the most, driving strong stock gains. Parker-Hannifin and IDEX also exceeded expectations, while Graco missed revenue targets but still saw stock gains. The sector remains resilient despite broader economic headwinds.
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