Pentair (PNR) Reports In-Line Q2 EPS, Offers Q3 and FY Guidance
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Pentair Reports Second Quarter 2017 Results
July 25, 2017 7:01 AM EDTSecond quarter sales of $1.3 billion. Second quarter GAAP EPS of $0.37 and adjusted EPS of $1.00. Net cash provided by operating activities of continuing operations of $300 million and free cash flow from continuing operations of $289 million. The company is targeting to deliver full year free cash flow of 100 percent of adjusted net income. During the second quarter, Pentair successfully completed the previously announced sale of its Valves & Controls business... More
