Pentair (PNR) Misses Street's Q1 Views; Guides Q2, FY09
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Pentair, Inc. (NYSE: PNR) reports Q1 EPS of $0.20, ex-items, 1 cents lower than the analyst estimate of $0.21. Revenue for the quarter was $634 million, versus the consensus of $691.21 million.
Sees Q2 adj-EPS of $0.35-$0.45, versus the consensus of $0.48.
Sees FY09 EPS exceeding $1.40. The Street is currently looking for $1.65.
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