Pentair (PNR) PT Raised to $80 at RBC Capital Following 3Q
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Pentair Announces New Electrical Company nVent
October 24, 2017 7:02 AM EDTStacy McMahan to be Named nVent CFO, Joining CEO Beth A. Wozniak's Leadership Team
Form 10 Registration Statement to be Filed by the End of October
LONDON, United Kingdom - October 24, 2017 - Pentair plc (NYSE: PNR) today unveiled the name of its future Electrical company as nVent Electric plc ("nVent") and announced additional key leadership. The Company's separation... More
Pentair Reports Third Quarter 2017 Results
October 24, 2017 7:01 AM EDTÂ
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