Pentair (PNR) Reports In-Line Q4 EPS, Offers Q1 & FY Guidance

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Pentair Reports Fourth Quarter and Full Year 2017 Results

January 30, 2018 7:01 AM EST

 

News Release

·         Fourth quarter sales of $1.3 billion; full year 2017 sales of $4.9 billion.

·         Fourth quarter GAAP EPS of $1.11 and adjusted EPS of $0.93; full year 2017 GAAP EPS of $2.61 and adjusted EPS of $3.53.

·         Full year net cash provided by operating activities of $620 million and total free cash flow of $551 million.  Full year net cash provided by operating activities of continuing operations of $674 million and free cash flow from continuing operations of $611 million.

·         The company introduced its 2018... More