Pentair Reports Third Quarter 2016 Results
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RBC Capital Cuts Price Target on Pentair (PNR) to $66 Following 3Q Report
October 26, 2016 8:07 AM EDTRBC Capital maintained an Outperform rating on Pentair (NYSE: PNR), and cut the price target to $66.00 (from $73.00), following the company's 3Q earnings report. PNR lowered 2016 guidance on lack of seasonal 4Q demand uptick due to industrial recession. 2016 EPS guidance was cut by -3.8% to a new... More
Pentair (PNR) Tops Q3 EPS by 6c, Guides Below the Street
October 25, 2016 7:06 AM EDTPentair (NYSE: PNR) reported Q3 EPS of $0.78, $0.06 better than the analyst estimate of $0.72. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.25 billion.
GUIDANCE:
Pentair sees FY2016 EPS of $3.00, versus the consensus of $3.12. Pentair sees FY2016... More
