Pentair Reports Fourth Quarter and Full Year 2018 Results

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Pentair (PNR) Tops Q4 EPS by 1c, Revenues Beat; Offers 1Q & FY19 EPS Guidance

January 29, 2019 7:02 AM EST

Pentair (NYSE: PNR) reported Q4 EPS of $0.60, $0.01 better than the analyst estimate of $0.59. Revenue for the quarter came in at $741 million versus the consensus estimate of $735.9 million.

Fourth quarter sales of $741 million; full year 2018 sales of $2.97 billion.Fourth quarter GAAP EPS of $0.54 and adjusted EPS of $0.60; full year 2018 GAAP EPS of $1.81 and adjusted EPS of $2.35.The company introduces its 2019 GAAP EPS guidance of approximately $2.29 to $2.39 and on an adjusted basis of approximately... More