Pentair (PNR) Reports In-Line Q3 EPS

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Pentair Reports Third Quarter 2017 Results

October 24, 2017 7:01 AM EDT

 

Third quarter sales of $1.2 billion. Third quarter GAAP EPS of $0.69 and adjusted EPS of $0.95. Net cash provided by operating activities of continuing operations of $208 million and free cash flow from continuing operations of $198 million. The company is targeting to deliver full year free cash flow of 100 percent of adjusted net income. The company updates its 2017 GAAP EPS guidance to approximately $2.41 and on an adjusted basis... More