Pentair (PNR) Tops Q3 EPS by 2c

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Pentair Reports Third Quarter 2018 Results

October 23, 2018 7:00 AM EDT

Third quarter sales of $711 million. Third quarter GAAP EPS of $0.52 and adjusted EPS of $0.54. The company updates its 2018 GAAP EPS from continuing operations guidance to approximately $1.83 and on an adjusted basis to approximately $2.33. This reflects the separation of its Electrical business, on April 30, 2018 and the reporting of Electricals results as discontinued operations.

Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced third quarter 2018 sales of $711... More